Since my last report on 1-Nov bids for all spot mustard types (yellow, brown and oriental) have shot through former historic highs to set new records. It should be obvious why after Statistics Canada 2021 average yield report in December chopped their total mustard yield estimate down to 370 lb/acre from 510 lb/acre in September!… Read More
Walter Dyck’s Crop Reports
Each month Walter Dyck, with more than 25 years of experience working with mustard seed growers in Canada, Europe and the US, shares his insights as to the state of the mustard seed crop in North America and how the market is shaping up. If you would like to pose a question to Walter, please email him at wdyck@OldsFitz.com. Come back here to see his responses.
Spot mustard prices for all types have continued a sharp rise from late August and are at an all-time high. Harvests are complete and yields have been determined. Average yields in Canada and USA for mustard are near 50% of the 10 year average and the lowest on record. Mustard acres in Canada for 2021… Read More
Many mustard crops in Canada/USA are moving into the blooming stage. Some of those fields received much needed timely showers in June to relieve the persisting high heat and dry soil conditions. Continued high heat (to say the least as the next 10 days will be plus 30 C) is the forecast for early July… Read More
Spot mustard market bid levels have moved higher since January due to continued stable export demand and poorer outlooks for supply in both the near term (up to 6 months) and long term (up to 16 months). In the near term farm inventories are expected to be virtually cleaned out for all mustard types by… Read More
Hello, Recently, I read in a weekly farm paper that the mustard market is quiet at the grower level in Saskatchewan due to light selling in the spot market. For the past 40 years Saskatchewan was the largest mustard supplier and it is there, to a large degree, where the spot price is set and… Read More