The poor harvest of mustard in Canada has inflated prices on the world market

Published 2021년 11월 10일

Tridge summary

Canada, the world's leading mustard producer, has seen a significant decrease in mustard yields, with production dropping by 28% to 71,000 tonnes for the 2021-22 marketing year due to drought conditions. This has resulted in a sharp increase in mustard prices, with yellow and brown mustard reaching CAD 1.01 per pound, a significant rise from the previous year. The high prices and potential supply shortage are expected to drive buyers to seek mustard from other sources to meet demand.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

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 percent to 71,000 tonnes in marketing year 2021-22, according to Statistics Canada's September harvest report. Of the 118,000 tonnes of total shipments, only 5,000 are expected to go to warehouses, writes Glacier FarmMedia Feed, a Canadian agricultural news outlet. "Mustard yields this year have clearly not been as expected due to the drought, about half the usual rate, but prices are also adjusted to reflect this," said Rick Micel, executive director of the SaskMustard Mustard Development Commission. Micel added that hybrid mustard varieties have at least 20 percent higher yields than open-pollinated plants, and they produced better quality seeds. Mustard prices have risen sharply over the past year. According to Prairie Ag Hotwire, the highest ...
Source: Agroxxi

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