After several trials at finding a right mix that works for me, i believe that i have come up with a formulae that produces close to zero waste. In fact during my trials i have had no waste.
The changes i made was to leave out the kibbled peanuts and sunflower hearts. In its place i introduced a product called "Ground Treats". These are suppose to mimic insects that bird eat.
The ingredients now are:-
Mixed dried fruit.
This mix would suit a wide variety of garden birds.