STAT Communications Ag Market News

Mustard Little Changed In Quiet Trade

PANAMA -Jun 7/24 - SNS -- Mustard seed markets were little changed in seasonally light trading activity during the past week.

Attention has shifted toward developing crops now that seeding is in its final stages across the North American growing area.

At the ame time, markets are trying to assess the impact the European Union's decision to dramatically increase import duties on mustard seed originating from Russia will have on demand. Ad valorum duties will jump from zero to 50% on July 1.

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