Seeding Intentions Reports Loom

PANAMA - Mar 25/17 - SNS -- Birdseed ingredient markets are looking to the coming seeding intentions report for the United States to provide some guidance about this year's potential area in that country.

The key crop examined in the report is sunflower, with market participants expecting land in confection sunflower to be unchanged to higher and oil type down, despite increased interest among farmers in oilseeds.

Expectations of a dramatic increase in soybean plantings have been built into price, with the result some traders think farmers will end up increasing oilseed plantings less than initially expected.