Oilseeds - Oilseeds

Flaxseed: Canada expects massive yield losses

September 2, 2021 at 11:45 AM , Der AUDITOR
Play report as audio

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

View related articles

Go to the News Overview
Oilseeds
Apr 15, 2024
DALIAN. Sowing is underway for pumpking seeds in China and will take about a month. Prices are on the decline.
Nuts
Apr 15, 2024
NEW DELHI/BUENOS AIRES. Traders and stockists are forced to sell peanuts at a loss in India. Issue is that rising temperatures may cause diseases to spread. Harvesting is in full swing in Argentina.
Oilseeds
Apr 11, 2024
OTTAWA/BRUSSELS. With the prospect of higher import tariffs for Russian flaxseed, European traders are worried about their business and fear massive price increases. Other growing countries such as India and Canada are coming into focus, but are not really an alternative for buyers at the moment.
Oilseeds
Apr 11, 2024
SOFIA/KYIV. It is comparatively warm and dry in Bulgaria during the sowing period. This year's crop will rely on favourable weather conditions in order to avoid a large yield deficit like last year.