Oilseeds - Oilseeds

Flaxseed: Canada expects massive yield losses

September 2, 2021 11:45 AM, Der AUDITOR
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OTTAWA/NUR-SULTAN. The rise in flaxseed prices in recent months has encouraged Canadian farmers to sow far more acreage than in recent years. However, due to this summer's unfavourable weather conditions, yields are expected to be significantly lower.

Current forecast is pessimistic

The current report from StatCan casts dark shadows on the 2021/2022 flaxseed season. Massive yield declines are expected, which is why a smaller crop is to be expected despite larger acreages. This is also reflected in the expected market prices. The record prices of last season encouraged Canadian flaxseed farmers to expand the area under cultivation to 415,000 ha, which is about 10% more than last year and the largest acreage in four years. However, this contrasts with the yield per hectare. As this summer's extreme w

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