STAT Communications Ag Market News

Birdseeds Post Modest Advance

PANAMA - Apr 15/22 - SNS -- Birdseed ingredient markets maintained their firm tone in limited trading activity during the past week as offers from growers slip behind the sort term needs of processors and exporters.

Modest strength was noted in sunflower seed markets, while white proso millet was unchanged. By contrast, canaryseed posted a solid advance on the week in the face of reduced grower selling interest.

Given the fact canaryseed exports have thus far exceeded expectations, there is uncertainty if grower selling interest reflects a fundamental tightening of supply or cross commodity competition for what remains on farms.

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