Few Changes in Birdseed Ingredients

PANAMA - Jan 19/20 - SNS -- Birdseed ingredient markets were largely unchanged in seasonally light trading interest during the past week.

Modest weakness was detected in oil type sunflower markets, reflecting a change in sentiment from worrying about how much would be produced in 2019, to trying to move what is available from growers.

The market has a sympathetic relationship with soybeans and canola, with the result the recent signing of the Phase One trade agreement between China and the United States has created some optimism about price trends through the balance of the marketing year.