Oilseeds - Oilseeds

Flaxseed: Canada gains market shares on Russia and Kazakhstan

July 22, 2021 at 11:41 AM , Der AUDITOR
Play report as audio

OTTAWA/NUR-SULTAN. Heat and drought persist in Canada. Fortunately, flaxseed is more resistant than other agricultural commodities in dealing with these extreme weather conditions. Recent import data in Germany shows that Canada is gaining in Europe.

Drought may impact yields

The flaxseed crop is in different stages of development in Manitoba. While fields in some parts of the state are still in full bloom, seed capsules are already forming in other parts. Although flaxseed plants can take the drought and heat bettter than other plants, it should be noted that less seeds may form in the capsules. Yields may, in other words, range lower than anticipated. Trading is largely subdued at present and end-of-season stocks should not range too high. As Rayglen Commodities reports buyers will need to be prepared to accep

View related articles

Go to the News Overview
Oilseeds
Apr 18, 2024
NEW DELHI. After the last tender from South Korea turned out to be a great disappointment for sesame seeds, things are looking much better in India in April. Question is in how far this will impact prices.
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.