Yellow mustard trades at 16 cents per pound, up 2 or 3 cents from harvest lows. Most of the major buyers have adequate yellow mustard stocks from last summer and aren't doing any chasing. But new players in yellow mustard processing are having a tough time drawing in product. Neither the trade that is long nor farmers appear anxious to unload yellow. The first new crop yellow contracts are coming out at 16 cents.
Oriental mustard is stagnant.
This spicy vegetable oil always will move to Bangladesh at a price, but that price won't get far out of line with canola. Brown mustard is showing surprising strength. The Alberta crop was hurt last summer by dryness and once burdensome stocks are in the process of becoming tight. This fall, you couldn't move uncontracted brown mustard without giving it away. It's probably just Christmas, but neither farmers nor processors appear anxious to trade lentils.