Mustard seeds: acreage reduced by 35%
July 22, 2020 at 11:58 AM,
Der AUDITOR
Production drops to 90,000 metric tonnes
Canada is one of the most important growing countries in the international mustard seed market. In 2019, the EU imported a total of 37,600 metric tonnes of mustard seeds from Canada, about one third of the total imports in that year. Now it has been reported that cultivation in 2020/2021 has declined by 35% to 104,000 ha compared to last year. The production estimate of 90,000 metric tonnes is a good half of the 2018/2019 crop, but experts are confident and expect prices to reach CAD 680-710 per metric tonnes EXW for the coming season.
|
Mustard seeds, Canada |
2018/19 vs. 2019/20 |
2019/20 vs. 2020/21 |
||||
|
Tilled |
204,000 |
161,000 |
-21.1% |
161,000 |
104,000 |
-35.4% |
|
Harvested |
197,000 |
155,000 |
-21.3% |
155,000 |
100,000 |
-35.5% |
|
Yield (mt/ha) |
0.88 |
0.87 |
-1.1% |
0.87 |
0.90 |
3.4% |
|
Production |
174,000 |
135,000 |
-22.4% |
135,000 |
90,000 |
-33.3% |
|
Imports |
8,000 |
7,000 |
-12.5% |
7,000 |
8,000 |
14.3% |
|
Total stocks |
235,000 |
214,000 |
-8.9% |
214,000 |
153,000 |
-28.5% |
|
Exports |
121,000 |
115,000 |
-5.0% |
115,000 |
115,000 |
0.0% |
|
Domestic consumption |
42,000 |
44,000 |
4.8% |
44,000 |
33,000 |
-25.0% |
|
Overhang stocks |
73,000 |
55,000 |
-24.7% |
55,000 |
5,000 |
-90.9% |
|
avg price in CAD/mt |
690 |
710 |
2.9% |
710 |
695 |
-2.1% |
|
Agriculture and Agri-Food Canada |
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