Mustard Volatile But Worried
PANAMA - May 3/24 - SNS -- Mustard seed markets maintained their recent volatile tone through the past week.
This saw declines posted in the upper end of the bid ranges for both yellow and brown in spot shipping positions, while oriental weas unchanged. New crop bid ranges were largely unchanged.
Current volatility reflects the ebb and flow of the hort term needs of exporters and processors to meet shipping commitments versus the willingness of farmers to sell more of any inventories remaining on their farms.
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