STAT Communications Ag Market News

Mustard Sees New Crop Premiums

PANAMA - Dec 18/20 - SNS -- North American mustard seed markets continued to register a mixed performance during the past week.

While oriental mustard seed values advanced on the week, brown were mostly unchanged and yellow declined, reflecting a seasonal easing in nearby demand because of the holiday season.

Interestingly, processors and exporters are signalling a need for increased acreage of all classes of mustard seed in 2021, with initial new crop bids for all classes occupying a higher bid range than spot markets.

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