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Mustard seeds: crop to triple

November 3, 2022 at 9:40 AM, Der AUDITOR
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OTTAWA. Agriculture and Agri-Food Canada has released updated forecasts for the 2022/2023 mustard seed season. The main adjustment was an upward revision in prices from last month's report. Meanwhile, Germany's mustard seed imports from Canada increased once again at the end of the season.

New crop prices remain high

The experts at Agriculture and Agri-Food Canada maintain their forecast for the 2022/2023 Canadian mustard seed season. The area has almost doubled to 214,000 ha and the yield of 0.83 mt/ha is better than the 40-year low last year - but it will probably not come close to the result in 2020/2021. In total, however, both should ensure that mustard seed production almost tripled this year to 177,000 mt. Nevertheless, the experts have raised their estimate for the average price again compared to last month's report; in the meantime, this was estimated at CAD 2.05/kg, while the current forecast has been raised by 7% to CAD 2.20/kg.  

Mustard seeds, Canada

2020/21

2021/22

Diff.

2021/22

2022/23

Diff.

Area sown (ha)

104,000

117,000

12.5%

117,000

225,000

92.3%

Area harvested (ha)

101,000

110,000

8.9%

110,000

214,000

94.5%

Yield (mt/ha)

0.99

0.55

-44.4%

0.55

0.83

50.9%

Production (mt)

100,000

61,000

-39.0%

61,000

177,000

190.2%

Imports (mt)

6,000

9,000

50.0%

9,000

7,000

-22.2%

Total supplies (mt)

191,000

130,000

-31.9%

130,000

190,000

46.2%

Exports (mt)

111,000

106,000

-4.5%

106,000

115,000

8.5%

Domestic consumption (mt)

20,000

18,000

-10.0%

18,000

20,000

11.1%

Carry-over stocks (mt)

61,000

6,000

-90.2%

6,000

55,000

816.7%

Avg price in CAD/mt

885

2,885

226.0%

2,885

2,200

-23.7%

Agriculture and Agri-Food Canada

 

Above-average imports from Canada

German mustard seed imports increased by a good third in 2021/2022 compared to lastyear. Russia remains by far the most important supplier, with 22,959 mt shipped to Germany, almost 32% more than in the same period last year. August was a particularly strong month for exports, with 2,141 mt more mustard seed shipped from Russia to Germany than in the previous three months combined (May-July: 1,966 mt). The second and third most important suppliers were Ukraine with 7,732 mt (+4%) and Canada with 5,528 mt (+76%). August shipments from Canada were also impressive, with 570 mt, around 110 mt above the season's average.

Prices for white mustard seed, Sinapis Alba, 99.9% purity from the 2022 crop are currently at a level of EUR 1.65-1.69/kg DDP Germany on the European spot market.

Mustard seed* imports, Germany, in mt

Supplier

2020/21

2021/22

Diff.

Russia

17,457

22,959

31.5%

Ukraine

7,467

7,732

3.5%

Canada

3,138

5,528

76.2%

Czech Republic

801

1,112

38.8%

Kazakhstan

242

1,060

338.0%

Others

2,069

3,405

64.6%

Total

31,174

41,796

34.1%

Federal Statistical Office of Germany / Sep-Aug

*12075090 Mustard seeds, whether or not broken (excl. for sowing)

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