Mustard seeds: crop to triple
November 3, 2022 at 9:40 AM ,
Der AUDITOR
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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