AgCanada Sees 160K Mustard Crop
PANAMA - Jun 17/16 - SNS -- In its latest monthly review of Canadian mustard seed Agriculture Canada's market analysis branch in Winnipeg predicts mustard seed production this year will total 160,000 MT from 174,000 hectares, compared to 123,000 MT from 140,000 hectares last year.
Agriculture Canada forecasts exports will reach 120,000 MT in 2016-17, compared to an estimated 120,000 MT this season. Domestic use is forecast at 35,000 MT in the coming marketing year, versus 34,000 this season.
Season ending stocks are forecast to finish the 2015-16 marketing year at 5,000 MT, versus 35,000 last season. Agriculture Canada thinks the coming marketing year could finish with 10,000 MT of mustard seed on hand.
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