STAT Communications Ag Market News

Spot, New Crop Mustard Still Aligned

PANAMA - Feb 26/21 - SNS -- North American mustard seed markets finished the week unchanged in seasonally light trading interest.

Inventories on farms and in commercial positions remain tight relative to prospective needs for the remainder of the marketing year, maintaining a firm tone in spot markets.

Spreads between old and new crop mustard remain tight. Though spot bids for some classes and grades in some locations and higher than prices available for new crop, the differences are not substantial.

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