STAT Communications Ag Market News

Controversial, But Bullish Canaryseed Estimate

PANAMA - Dec 3/21 - SNS -- North American birdseed ingredient markets were mixed by week's end, despite an apparently bullish canaryseed production estimate from Statistics Canada.

It reduced its crop estimate from 128,100 metric tons (MT) in September to 109,240, down from 178,400 last year in its final report for 2021.

Seeded area was left unchanged at 314,000 acres, with the result average yields reported by farmers sank from 1,439 pounds per seeded acre last year to 767, the lowest it has been since 2004.

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