Spotty Trade For Immediate Shipment
PANAMA - Jun 24/22 - SNS -- Mustard seed markets posted a mixed finish on the week, though they are maintaining an easier undertone, with most market participants now waiting for this year's harvest.
Spreads between spot and new crop markets are wide enough to discourage any stock accumulation in spot markets, with end users only buying when absolutely necessary.
The net effect is demand for mustard seed from growers for immediate delivery is inconsistent, with some still wanting to hold product in the hope they will see a spike in bids before the harvest gets underway.
Only active subscribers can read all of this article.
If you are a subscriber, please log into the website.
If you are not a subscriber, click here to subscribe to this edition of the STAT website and to learn more about becoming a subscriber.
