STAT Communications Ag Market News

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 Argentina’s soybean and sunflower crops. Argentina’s 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 Argentina’s 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 month’s forecast."

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