Little Price Movement in Birdseeds
VANCOUVER - Sep 12/15 - SNS -- Birdseed ingredient markets finished the week with few major changes in prices, despite improving availability of new crop product in both Canada and the United States.
Friday's USDA crop report did not contain updates for sunflower and other birdseed ingredients, but it did catch markets "off-guard with higher than expected yield estimates for corn and soybeans," notes the U.S. based National Sunflower Association (NSA).
"In the USDA June Acreage Report, area planted to sunflower in 2015 increased 8% from 2014 and totaled 1.68 million acres. Planted area of oil type varieties, at 1.40 million acres, was up 19% from 2014. Planted acreage of non-oil varieties, estimated at 283,000 acres, was down 27% from last year.
"In October, USDA will provide an updated estimate for oil and non-oil sunflower planted and harvested area. This will give the sunflower market the first estimate of this year's sunflower production," the NSA said.
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