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Mustard seeds: sluggish demand in Canada

November 16, 2023 at 11:05 AM , Der AUDITOR
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OTTAWA. Despite yields being low Canada's mustard seed production has risen this year. Demand is, however, leaving much to be desired. Germany has also reduced imports sharply.

Production 4% up

Trading is still rather subdued in Canada and export demand has remained low, whereas longterm contracts predominate market activities in the country according to Rayglen Commodities. The EU and the USA should remain the most important export destinations this year.

Projections are unchanged for 2023/2024 with the noted exception of domestic consumption, which Agriculture and Agri-Food Canada has revised a bit downwards. Predictions may, however, change in the next few months. As the area harvested is up on last year, production has risen despite yields declining by 8% to 0.68 mt/ha. With production climbing to 168,000 mt and carry-in supplies ranging at 40,000 mt total supplies will reach 214,000 mt this season, which is 13% up on last year. Although prices will fluctuate, the average will be lower than last year.

Mustard seeds, Canada

2021/22

2022/23

Diff.

2022/23

2023/24

Diff.

Area sown (ha)

117,000

225,000

92.3%

225,000

258,000

14.7%

Area harvested (ha)

110,000

219,000

99.1%

219,000

248,000

13.2%

Yield (mt/ha)

0.55

0.74

34.5%

0.74

0.68

-8.1%

Production (mt)

61,000

162,000

165.6%

162,000

168,000

3.7%

Imports (mt)

9,000

12,000

33.3%

12,000

7,000

-41.7%

Total supplies (mt)

130,000

190,000

46.2%

190,000

214,000

12.6%

Exports (mt)

92,000

124,000

34.8%

124,000

125,000

0.8%

Domestic consumption (mt)

22,000

26,000

18.2%

26,000

24,000

-7.7%

Carry-over supplies (mt)

16,000

40,000

150.0%

40,000

65,000

62.5%

Avg. CAD/mt

2,885

2,140

-25.8%

2,140

1,785

-16.6%

Agriculture and Agri-Food Canada

Weak start to import season in Germany

Shipments to Germany have declined sharply at the start of 2023/2024. Imports only reached 2,285 mt in September, which is nearly 50% down on last year. Shipments from Russia, Ukraine and the Czech Republic have declined sharply, whereas shipments from Canada have surged by 70%. European spot market prices for Sinapis Alba mustard seeds with a 99.9% purity from Ukraine presently range at EUR 0.93/kg DDP Germany. 

Mustard seed imports, Germany (mt)

Country

2022/23

2023/24

Diff.

Russia

2,128

1,261

-40.7%

Canada

413

698

68.9%

Ukraine

560

170

-69.6%

Poland

228

117

-48.9%

Slovakia

72

37

-48.6%

Austria

42

2

-95.7%

Czech Republic

794

0

-100.0%

Others

145

1

-99.5%

Total

4,382

2,285

-47.9%

Federal Statistical Office of Germany / September

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

 

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