Little Change in Mustard Markets

PANAMA - Dec 23/19 - SNS -- North American mustard seed markets are closing out the 2019 calendar year little changed in moderate trading activity.

Markets were surprised by unofficial breakdowns of production by class, with the amount of brown mustard seed reported by farmers for exceeding industry expectations.

Though production is estimated to be down from 64,900 metric tons (MT) at 54,000, brown represents 40% of the total crop, up from 37% last year.