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Canada canary seed market news on Dec.5, 2020
2020 / 11 / 05

The canary seed prices have tabled off a little this past week or two. Buyer bids remain at $0.30-$0.31/lb range FOB farm depending on the movement window you prefer (the latter being into the new year). For a short period, we had been making a few trades into mid-winter timelines at $0.32 FOB farm, but those values do not seem attainable today. If you have a price in mind over market value, we are always taking targets to post if the market happens to move in your direction. One piece of info. that came across our desks as of late, is to note that as of today, the CGC has not officially brought canary seed sales under the coverage on the bonding system and at this time.   Sales you make on canary are not covered by the CGC. The CGC is working to extend coverage to canary but it appears adding a new crop is not a turn-key operation and this is still outstanding work.

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