Oilseeds - Oilseeds

Flaxseed: Canada's supplies reach historic low

February 10, 2022 at 2:15 PM , Der AUDITOR
Play report as audio

OTTAWA/MOSCOW. According to experts, Canada's flaxseed stocks are at a record low. In Eastern Europe, however, the situation is more relaxed thanks to Russia, although there can be huge price differences depending on the supplier, especially in the organic sector.

Offers not attractive to foreign buyers

Canada's flaxseed stocks are at an all-time low, as Statistics Canada recently confirmed once again. Year ending stocks - as of 31 December - averaged 457,000 mt in 2016-2020, but by the end of 2020 they were already at just 377,000 mt. As of 31 December 2021, the experts now quoted an available quantity of just 260,000 mt. However, market players, such as the experts at Rayglen Commodities, are relatively relaxed. Overall, the market is still sufficiently supplied thanks to the high production result in Russia. The Canadian e

View related articles

Go to the News Overview
Jun 19, 2024
SOFIA/KYIV. Market players are focussing on the new crop. However, traders remains cautious in the hope of price reductions.
Jun 19, 2024
ASTANA/MOSCOW. Experts are confident that the flaxseed crops in Kazakhstan and Russia will exceed last year's level. China is increasingly turning into Kazakhstan's most important trading partner.
Jun 18, 2024
OTTAWA/KYIV. Experts are expecting a decline in acreage in Canada. However, favourable weather conditions have benefited yields so far, but there are also reports of damage caused by flea bugs.
Jun 17, 2024
NEW DELHI/ATLANTA. The Brazilian peanut crop is significantly lower this season than in the last two years. This in turn plays into the hands of Argentinian exporters. In India, sowing for the new crop is about to start.