STAT Communications Ag Market News

Mustard Continues Upward Trend

PANAMA - Nov 19/21 - SNS -- Mustard seed markets continued to establish new record high prices during the past week.

Efforts by processors and exporters to cover in forward sales and meet any emerging demand remains a key factor in markets.

Most market participants are cautious about the percentage of expected production that they presell. But, this year's drought created shortages as yields plunged from 850 to 512 pounds per acre.

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