STAT Communications Ag Market News

Spot Peas Ease, New Crop Gains

PANAMA - Jun 14/24 - SNS -- International field pea makets finished the week's trading on a generally easier note in spot markets though moderately firmer in new crop shipping positions.

Supplies available for export before this year's harvest are limited, with the result market participants are more focussed on developing crops in net exporting regions of the world.

North American seeding is now considered complete. Crops in the United States are in mostly good conditions, with 70% rated good to excellent, compared to 28% fair and only 2% started the week in poor condition.


New Crop Mustard Spreads Disappearing

PANAMA - Jun 14/24 - SNS -- North American mustard seed markets finished on an easier note in spot shipping positions, while new crop was largely unchanged.

Spot bids to farmers feld run for No 1 grade yellow mustard delivered processing plants declined 4% on the week, compared to a 5% decline in oriental bids and 8% in brown.

By contrast, new crop bids were largely unchanged. Interestingly, new crop yellow mustard seed bids are now holding a modest premium to spot. Brown is at the same level for through fall shipping positions, while new crop oriental is slightly discounted.

Birdseed Values Manage Uptick

PANAMA - Jun 14/24 - SNS - North Amercan birdseed ingredient markets finished the week's trading on a…

Few Changes In Dry Beans

PANAMA - Jun 14/24 - SNS -- International dry edible bean markets were little changed in limited trading…

Chickpeas Hold Mainly Firm

PANAMA - Jun 14/24 - SNS -- Global chickpea markets maintained their firm tone in relatively light trading…