Modest Gains in Mustard Bids
PANAMA -Dec 11/20 - SNS -- For the second week mustard seed markets posted a mixed finish in relatively light trade but with concerns about supply availability for some classes having an impact on grower and export asking prices.
One indication supplies on farms is tighter than last season comes from the weekly data from the Canadian Grain Commission, which shows deliveries by farmers to licensed elevators dropped from 21,900 to 17,400 metric tons (MT) as of December 6.
Of the three classes, brown mustard seed production is thought to be higher than Statistics Canada's unofficial 24,700 MT estimate, but the difference is not expected to be substantial. Last year, Canada produced 57,000 MT of this type of mustard seed.
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