News

Canada canary seed weekly market on November 27
2020 / 11 / 28

The canary seed market has been holding strong this week and we are still getting some trades on the books for the first part of 2021 at $0.32 /lb picked up on farm. If you prefer faster movement than 2021 we have buyers that could likely still get a truck in the yard for this year at $0.30 to maybe $0.31 cents FOB farm, but that window is getting pretty tight as often movement is halved or less in the last 2 weeks of the year. Most buyers will need to see pre-shipping samples on the canary as well so they can ascertain if your product makes the nil-inseparable Mexico market or needs to be diverted to other, less picky, countries. Still no new crop values to report for canary at this time; strong values are likely to encourage some acreage expansion, but overall market firmness will most likely keep any one market from getting too inflated. There may be some incentive for buyers to encourage growers to plant canary.

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