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Mustard prices??

1745 Views 6 Replies 7 Participants Last post by  brazil08
Can anyone make sense of the .50$/lb price drop in mustard over the last month? Did some country have a bumper crop? Is it speculation on increased acres next year? Projections of rain in dry areas for the future? A mix of the three seems like a shocking change being as last year there was an equal increase this time of year.
i know prices can be unpredictable but it seems like price fixing when there won’t be any more production over the next 6 months.
am I missing something?
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That’s pricey. I thought mid 20’s was bad.
Guess it is all relative, but my wheat is almost 5 times that amount and canola would be almost 8 times that amount and there is no amount of insurance premium that would convince me to grow mustard again - lol.
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