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Sask. drought hangs over mustard price outlook

Mustard growers and buyers have their guns drawn but nobody’s shooting yet.

When the clock hits “harvest,” there could be a violent resolution of the supply-and-demand showdown.

“We’re all holding our breath as we get to harvest,” said Peter Gorski, senior grain buyer for BroadGrain Commodities.

“There’s a lot that’s hanging on shower to shower.”

Western Canada could produce a big crop. It could also produce a short crop and exacerbate the present zero-stocks situation.

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How Recent Rains Changed Oklahoma's Drought Monitor - Mesonet Weather Report

Video: How Recent Rains Changed Oklahoma's Drought Monito - Mesonet Weather Report

Recent rainfall has brought much-needed relief to parts of Oklahoma, but how much has it changed the state's drought conditions? In this edition of the Mesonet Weather Report, Oklahoma State Climatologist Gary McManus breaks down the latest U.S. Drought Monitor update and explains how recent precipitation has impacted drought intensity across the state.