PANAMA - May 19/23 - SNS -- North American mustard seed markets finished the week's trading on a moderately easier note in spot shipping positions against fill in trading activity by shippers and end users.
New crop markets remain significantly discounted to spot, with the result participants across the marketing chain are not accumulate more product than necessary to meet expected needs until new crop product becomes available.
Markets were encouraged by the relatively strong seeding pace recorded in Saskatchewan, with the week starting with 35% of the crop in the ground, compared to 38% last year and an average of 67% sown by the middle of May.
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.