NEWS
Canada Markets Blog
Cliff Jamieson Canadian Grains Analyst
Thu Nov 29, 2012 05:24 PM CST

After trading sideways for most of this calendar year, mustard prices delivered to Saskatchewan plants have shown a sharp increase in recent weeks.

Statistics Canada has forecast Canadian total supplies to reach 214,000 mt this crop year, which is down 14.4% from 2011/12 and 16.6% below the three-year average. Canadian production is forecast at 126,000 mt, which is consistent with last year's 125,000 mt but 27% below the three-year average. While harvested acres were higher this year than in 2011, carry-in stocks were sharply lower than the previous year.

Canadian exports are forecast to be 8.7% higher than last year, ...

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