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Flaxseed: Canada still under pressure

November 30, 2016 at 4:03 PM , Der AUDITOR
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OTTAWA. The Flax Council of Canada had raised awareness in a report in mid-November concerning the bad weather in October, and the subsequent difficulties for Canadian flaxseed farmers.

An above-average high amount of rainfall, as well as frost, made for heightened humidity values which could influence the quality of the flaxseed negatively. As a result, the demand of Chinese importers shifted from Canada to Russia. That caused an increase of raw flaxseed prices in the Eastern European area, which also raised purchasing prices for Western European buyers. 

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