Chuck Penner of LeftField gave a mustard crop market outlook January 11th , 2024 at the Sask Mustard AGM in Saskatoon.
Supplies of mustard are larger this winter due to larger acres grown in Canada in 2023.
The USA is growing more mustard (mainly yellow) so that may limit yellow sales from Canada to the USA and limit pricing.
Chuck is thinking aces will be down 17%, I think its possible that they do go down a little as there are less contracts available this season but, I don't think it will be that much due to the fact that if crop insurance coverage kicks in, due to drought it may still pencil out ok vs. other crops and weather will play a big factor in next years pricing and anticipated 24/25 mustard supplies.
Blair Balog - Seed Specialist at Stamp Seeds
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