Birdseeds Maintain Steady Pace
PANAMA - Nov 22/24 - SNS - North American birdseed ingredient markets were unchanged to slightly firmer in limited trading activity during the past week.
Though the upper end of the range of prices offered Canadian farmers for spot deliveries of canaryseed eased during the week, both deferred bid levels and inter dealer markets were unchanged.
White proso millet markets in the United States were unchanged in both grower and inter dealer markets. Sunflower seed markets managed gains in spot markets, while deferred were slightly easier, suggesting expectations of easing demand after the first quarter of the 2025 calendar year.
Chickpeas Remain Mixed
PANAMA - Nov 22/24 - SNS -- Global chickpea markets maintained their mixed performance during the past week as kabuli types retained their value and desi types continue to ease.
Markets for desi types are strongly influenced the advancing Australian harvest and the resulting harvest selling pressure from farmers.
Some observers think the pace of grower selling relative to the short term needs of exporters suggests production will not fall as much as some exporters assert.