Brown Mustard Continues Slide

PANAMA - Apr 13/18 - SNS -- Mustard seed markets in Canada continue to register a mixed performance with bids to farmers for brown trending lower, while oriental and yellow remain steady.

The spot market premium for brown will continue to erode as buyers defer as many purchases as possible until new crop in an effort to lower average inventory costs.

Interestingly, the strength of the Canadian dollar during the past week lifted values in U.S. currency terms for yellow and oriental.