Canada mustard prices rise

Published Nov 11, 2021

Tridge summary

Canada, being the world's largest mustard producer, has seen a significant drop in mustard yields, leading to a surge in prices. Despite an increase in planted areas, mustard production has fallen by 28% to 71,000 tonnes in the marketing year 2021-22. As a result, prices for yellow and brown mustard have hit historic highs, rising sharply over the past year.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The poor harvest of mustard in Canada has become the main reason for the rise in prices for this crop, reports https://www.agroxxi.ru/. As the largest producer of mustard in the world, Canada has experienced a sharp drop in yields this year, which has already had a major impact on supply and prices. Despite an increase in planted areas, Canadian mustard production fell 28% to 71,000 tonnes in marketing year 2021-22, according to Statistics Canada's September harvest report. It is assumed that out of 118,000 tons of total supplies, only 5,000 will go to warehouses. Mustard prices have risen sharply over the past year. According to Prairie Ag Hotwire, the highest rates for yellow and brown mustard are CAD 1.01 per pound, up 60 and 70 cents respectively from last year. Over the past month, yellow ...
Source: Agrosektor

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