STAT Communications Ag Market News

Moderate Weakness in Birdseeds

PANAMA - Apr 24/20 - SNS -- Birdseed ingredient markets were unchanged to weaker in the face of relatively light demand and in sympathy with weakness in grain and oilseed markets.

While white proso millet held steady in the United States during the past week, oil type sunflower markets were sharply lower in sympathy with soybean markets, while canaryseed eased slightly to try to attract additional demand.

Interestingly, the average new crop bid for canaryseed increased on the week, suggesting processors are somewhat worried growers will not plant enough to cover prospective needs in the coming marketing year.

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