Reading Time: 2 minutes MarketsFarm — If Agriculture and Agri-Food Canada’s (AAFC) latest monthly principal field crop estimates hold true, mustard is having a bounce-back year. High prices for the seed led to nearly double the acres planted for the 2022-23 marketing year at 556,000, compared to 289,000 the previous year. As a result, 177,000 tonnes were produced in […] Read more
Mustard production, prices up
Demand steady, unlikely to change
Rising prices could lead to more mustard acres
Reading Time: 2 minutes MarketsFarm — A further tightening in Canada’s mustard supply is the main culprit in recent price spikes for the seed. Yellow mustard in Western Canada has a high-delivered bid of $1.61/lb., up 10 cents from last month and $1.18 higher than last year, according to Prairie Ag Hotwire data. Over the past month, the high-delivered […] Read more
Low acreage buoys mustard seed prices
Reading Time: 2 minutes MarketsFarm — Spot prices for mustard seed on the Prairies have trended higher, due to consecutive years of low seeded acreage. In 2020, about 256,500 acres of mustard seed were planted, down about 36 per cent from the previous year. Walter Dyck, seed division manager for Olds Products, mentioned it’s the second time in 20 […] Read more
Yellow mustard bids solid
Reading Time: < 1 minute MarketsFarm — Yellow mustard bids remain solid in Western Canada, which should encourage acres this spring. “Yellow mustard started firming up after harvest,” said Walter Dyck of Olds Products. Poor conditions and quality concerns in the fall provided some of the support at that time, with top end bids still holding around 40 cents/lb. Brown […] Read more
Variable yields supportive for mustard prices
Reading Time: < 1 minute MarketsFarm — Statistics Canada’s principal field crop production report last week estimated a significant drop in Canada’s 2019 mustard production. In September, the agency estimated Canadian mustard would total about 141,000 tonnes. However, due to challenging growing conditions and a slight reduction in acreage, the StatsCan estimates released Friday were revised downward to 134,600 tonnes. […] Read more
Late Canadian mustard crop facing quality downgrades
Reading Time: 2 minutes MarketsFarm — An early blast of snow and cold across the Prairies has delayed harvest operations for a mustard crop already running behind normal, with quality downgrades expected for any mustard still in the field. “It has to be absolutely flattened,” said mustard buyer Walter Dyck of Olds Products at Lethbridge on the effect of […] Read more
Little excitement seen in mustard market
Reading Time: 2 minutes The bounce-back in Canadian mustard production in 2018 is unlikely to see any follow-through in 2019 as spot prices aren’t generating much excitement for producers despite tightening supplies. Yellow mustard is currently topping out at around 36 cents/lb., while brown mustard bids are in the 30- to 31-cent range, according to Prairie Ag Hotwire data. […] Read more
Mustard prices weather the weather, remain flat
Reading Time: 1 minute CNS Canada — Although mustard prices are flat, the ill-tempered weather experienced on the Prairies this fall had little effect on the crop’s quality. Jamie Stelmachowich of Besco Grain Ltd. at Homewood, Man. said despite the cold, wet weather, most mustard has been graded higher at No. 1 or 2. “The seed was turned already. […] Read more
Mustard crops middling, should fare better than 2017’s
Reading Time: 2 minutes CNS Canada — Kevin Hursh expects he’ll soon hear some good news on his brown mustard crop. “It was probably my only crop that is going to make me a little bit of money,” he said. He’s still waiting to hear about grading based on the samples he shipped off to the lab, but he’s […] Read more
Mustard looking to rebound, if weather co-operates
Reading Time: < 1 minute CNS Canada — Canadian mustard acres may be up on the year, but key growing regions missed out on recent rain and will need more moisture as the season progresses, in order to prevent a repeat of 2017’s drought-stricken crop. “Mustard was offering some profit potential compared to some of the other options out there, […] Read more
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