Mustard seeds: mixed yields in North America
August 31, 2022 at 4:52 PM ,
Der AUDITOR
Canada can hold its own
German mustard seed imports increased by more than half in the period September 2021 to June 2022 compared to the same period last year. The most important supplier by far was Russia, which shipped 20,375 mt to Germany, a good 40% more than this time last year. The second and third most important suppliers were Ukraine with 6,692 mt (+2%) and Canada with 4,714 mt (+72%). June imports from Canada were still 856 mt, just 100 mt less than had been imported from Ukraine and significantly more than the monthly import from Russia (June 2022: 557 mt). The average monthly imports from Canada to Germany this season were just 471 mt, last season (Sep-June) even only 274 mt. In total, German imports in this period were 36,714 mt.
Prices for yellow mustard seeds, Sinapis Alba, 99.95% purity from Ukraine on the European spotmarket are currently at a level of EUR 1.87/kg FCA Poland.
|
Mustard seed* imports, Germany, in mt |
|||
|
Supplier |
2020/21 |
2021/22 |
Diff. |
|
Russia |
14,462 |
20,375 |
40.9% |
|
Ukraine |
6,558 |
6,692 |
2.0% |
|
Canada |
2,742 |
4,714 |
71.9% |
|
Czech Republic |
650 |
1,057 |
62.6% |
|
Estonia |
963 |
854 |
-11.3% |
|
Kazakhstan |
220 |
840 |
281.8% |
|
India |
14 |
750 |
5.257.1% |
|
Poland |
495 |
458 |
-7.5% |
|
Others |
400 |
974 |
143.5% |
|
Total |
26,504 |
36,714 |
38.5% |
|
Federal Statistical Office of Germany / Sep-Jun *12075090 Mustard seeds, whether or not broken (excl. for sowing) |
|||
Canada worries about export markets
Agriculture and Agri-Food Canada is currently holding back on corrections for the 2022/2023 mustard seed season, with no adjustments made in the current report. Acreage is expected to have almost doubled from last year to 217,000 ha and yields are also expected to be much higher again after the disastrous 2021 result, resulting in a 250% increase in production to 175,000 mt. Prices are also expected to average just CAD 2,050/mt, almost 30% less than 2021/2022, according to current estimates.
As the experts at Rayglen Commodities report, the dry weather is ensuring that harvests are progressing quickly and US farmers are also said to be making good progress, while at the same time acreage here is at a record level. The latter is fuelling concerns among Canadian traders that they will not be able to serve one of their most important export markets in the usual way. However, the yields reported so far are extremely mixed in both Canada and the USA.
|
Mustard seeds, Canada |
2020/21 |
2021/22 |
Diff. |
2021/22 |
2022/23 |
Diff. |
|
Area sown (ha) |
104,000 |
125,000 |
20.2% |
125,000 |
225,000 |
80.0% |
|
Area harvested (ha) |
101,000 |
113,000 |
11.9% |
113,000 |
217,000 |
92.0% |
|
Yield (mt/ha) |
0.98 |
0.44 |
-55.1% |
0.44 |
0.81 |
84.1% |
|
Production (mt) |
99,000 |
50,000 |
-49.5% |
50,000 |
175,000 |
250.0% |
|
Imports (mt) |
6,000 |
9,000 |
50.0% |
9,000 |
7,000 |
-22.2% |
|
Total supplies (mt) |
165,000 |
99,000 |
-40.0% |
99,000 |
182,000 |
83.8% |
|
Exports (mt) |
111,000 |
110,000 |
-0.9% |
110,000 |
110,000 |
0.0% |
|
Domestic consumption (mt) |
15,000 |
11,000 |
-26.7% |
11,000 |
42,000 |
281.8% |
|
Carry-over stocks (mt) |
40,000 |
0 |
-100.0% |
0 |
30,000 |
- |
|
Avg price in CAD/mt |
885 |
2,885 |
226.0% |
2,885 |
2,050 |
-28.9% |
|
Agriculture and Agri-Food Canada |
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