STAT Communications Ag Market News

Mustard At Or Near Price Limit?

PANAMA - Jan 28/22 - SNS -- North American mustard seed markets may be finding their limits for prices, with the week ending on a mixed note.

Yellow and brown mustard continued their advances through the past week in both spot and new crop shipping positions, while bid ranges for oriental eased in the face of buyer resistance to current values.

New crop prices for all classes of mustard advanced on the week even though growers appear to be taking advantage of opportunities to lock in prices for a portion of next year's output.

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