STAT Communications Ag Market News

Mustard Seed Remains Steady

PANAMA - Mar 8/19 - SNS -- Mustard seed markets finished the week mainly unchanged in both spot and new crop shipping positions though changes in the value of the Canadian dollar improved basis levels for processors and exporters.

Spreads between the average spot and average new crop bid continue to reflect a carrying charge for yellow and oriental as well as the top two grades of brown mustard.

Official export trade data between August and December show a modest improvement movement of all classes from Canada, with total shipments to the United States rising over the same period the previous year.

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