STAT Communications Ag Market News

Birdseeds Ease In Seasonally Weak Demand

PANAMA - Jan 14/22 - SNS -- Birdseed ingredient markets were generally easier during the past week in the face of buyer resistance to current prices.

The USDA's final crop report of the year was not helpful for millet and canaryseed markets, as output of millet was pegged at just under 349,000 metric tons (MT), up sharply from the 217,110 harvested in 2020.

Below average yields because of drought conditions in parts of growing area in the United States were offset by a sharp jump in seeded area from 609,000 to 725,000 acres.

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