Mustard seeds: Prices are higher than expected in Canada

August 26, 2019 at 3:38 PM , Der AUDITOR
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OTTAWA/MOSCOW. Agriculture and Agri-Food Canada has recently issued the August report. Estimates have been revised for 2018/2019 and for 2019/2020.

Wide price range for new crop

According to Agriculture and Agri-Food Canada as much as 8,000 metric tonnes were imported. Intitial estimates ranged lower at 7,000 metric tonnes. Consequently, the supplies for 2018/2019 range at 235,000 metric tonnes. In addition, the average selling price is now also estimated higher at CAD 690 per metric tonne, whereas intial estimates ranged at CAD 685.

The production estimates for 2019/2020 remain unaltered at 140,000 metric tonnes. Despite the anticipated higher yields, the drastic reduction in acreage is reckoned to cut

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