Mixed Week In Birdseed Markets
PANAMA - Mar 17/23 - SNS -- North American birdseed ingredient markets were somewhat mixed on the week, with canaryseed, millet and confection sunflowers mostly steady, while oil type was mixed.
Commenting on the situation, the U.S. based National Sunflower Association noted, "Drought has reduced the prospects for Argentinaâs soybean and sunflower crops. Argentinaâs soybean production is expected to be 33.0 million metric tons (MT) on lower harvested area and yields.
"At the end of February, nearly 25% of Argentinaâs sunflower area was harvested. The reports from early harvested fields indicate lower-than-expected sunflower yields. USDA pegs sunflower production at 3.8 million MT a 14% decrease from last monthâs forecast."
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