MarketsFarm — The most recent principal field crop acreage report from Statistics Canada predicts mustard seed area will drop from approximately 500,000 acres to 400,000 in 2019, concentrated mainly in southwestern, south-central, and west-central Saskatchewan. Although fewer acres are expected to be seeded, prime mustard-growing areas in Saskatchewan and Alberta saw precipitation in recent weeks, […] Read more
Tag Archives Mustard — page 3
Mustard acres to decrease, but yield outlook strong
Mustard area remains a question mark for 2019
MarketsFarm –– As the world’s largest producer of mustard seed, Canada exported 112,000 tonnes in 2017-18 — and the jury is out on whether mustard acreage will rise, fall or hold this spring. Agriculture and Agri-Food Canada’s outlook for principal field crops, published Thursday, called for mustard acreage to remain the same as in previous […] Read more
Little excitement seen in mustard market
The bounce-back in Canadian mustard production in 2018 is unlikely to see any follow-through in 2019 as spot prices aren’t generating much excitement for producers despite tightening supplies. Yellow mustard is currently topping out at around 36 cents/lb., while brown mustard bids are in the 30- to 31-cent range, according to Prairie Ag Hotwire data. […] Read more
Mustard prices weather the weather, remain flat
CNS Canada — Although mustard prices are flat, the ill-tempered weather experienced on the Prairies this fall had little effect on the crop’s quality. Jamie Stelmachowich of Besco Grain Ltd. at Homewood, Man. said despite the cold, wet weather, most mustard has been graded higher at No. 1 or 2. “The seed was turned already. […] Read more
Mustard crops middling, should fare better than 2017’s
CNS Canada — Kevin Hursh expects he’ll soon hear some good news on his brown mustard crop. “It was probably my only crop that is going to make me a little bit of money,” he said. He’s still waiting to hear about grading based on the samples he shipped off to the lab, but he’s […] Read more
Mustard looking to rebound, if weather co-operates
CNS Canada — Canadian mustard acres may be up on the year, but key growing regions missed out on recent rain and will need more moisture as the season progresses, in order to prevent a repeat of 2017’s drought-stricken crop. “Mustard was offering some profit potential compared to some of the other options out there, […] Read more
Prairie mustard acreage depends on spring moisture
CNS Canada — The 2018 mustard crop in Western Canada could hit half a million acres according to an industry expert, but he cautions that number could be much lower if dry soil conditions persist until spring. In 2017, there were 385,000 acres of mustard seed planted in Western Canada, down from 525,000 acres in […] Read more
Reckitt cuts the (French’s) mustard with food business sale
London | Reuters — U.S. spices maker McCormick and Co. Inc. has won the battle to buy Reckitt Benckiser Group’s North American food business, paying a higher than expected US$4.2 billion to add extra seasonings and sauces. London-listed Reckitt said in April it was reviewing options for the unit, which includes French’s mustard and Frank’s […] Read more
French’s owner kicks off food business sale process
London | Reuters — The sale of Reckitt Benckiser Group’s North American food business, which could fetch more than US$3 billion, has kicked off with information packages going out to industry players, according to sources familiar with the matter. The sale of the food business is aimed at helping the British consumer goods company pay […] Read more
Mustard acres feeling squeeze from canola
CNS Canada –– Following the largest mustard crop in more than a decade in 2016, supply/demand fundamentals are expected to spur a reduction in Canadian mustard seedings in 2017. However, with more and more cropland moving into canola, mustard acreage increases may be limited in future years when supplies are tight again. After growing the […] Read more
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