Ag Canada Outlook Unchanged

PANAMA - Dec 23/16 - SNS -- In its latest monthly review of Canadian mustard seed Agriculture Canada's market analysis branch in Winnipeg reports mustard seed production this year totalled 234,000 MT from 212,000 hectares, compared to 123,000 MT from 140,000 hectares last year.

Agriculture Canada forecasts exports will reach 115,000 MT in 2016-17, compared to 113,000 MT last season. Domestic use is forecast at 44,000 MT in the coming marketing year, versus 42,000 last season.

Season ending stocks are forecast to finish the 2016-17 marketing year at 90,000 MT, versus 5,000 the previous marketing year.