STAT Communications Ag Market News

Millet Keeps Birdseed Market Firm

PANAMA - Jan 18/19 - SNS -- North American birdseed ingredient markets maintained their firm tone through the past week, with white proso millet continuing to post week over week advances in both grower and inter-dealer markets.

Once again, prices set a new season highs for white proso millet. Millet remains cost competitive with canaryseed in birdseed mixes, suggesting packagers are still unlikely to reduce the proportion of millet in mixes in favor of canaryseed.

However, the price performance of millet suggest production was lower then hoped. The USDA's final production estimate for 2018 has been delayed by the partial government shutdown. The current impasse over the budget is the now longest in U.S. history.

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