Price: €11.00
Member Price: €0.00

Flaxseed: Canadian production to shrink by 8%

February 1, 2024 at 4:23 PM , Der AUDITOR
Play report as audio

OTTAWA/ASTANA. Kazakhstan and Canada are currently experiencing low demand. Nevertheless, Canadian exporters are hoping for more enquiries from Europe in the future. Meanwhile, experts are predicting further declines in production for the coming season.

Cultivation to decline by 20%

The Canadian flaxseed crop had already declined significantly in 2023, as had production in the main growing countries of Russia and Kazakhstan. The experts at Agriculture and Agri-Food Canada are now forecasting another smaller crop for the 2024/25 season. The acreage is expected to fall by almost 20% to 200,000 ha, meaning that even a potential yield increase of 12% to 1.28 mt/ha would not be able to compensate for the deficit. As a result, the 2024 crop would only reach 250,000 mt, 8% less than last year. The price forecast, however,

View related articles

Go to the News Overview
Grains
Apr 25, 2025
BRUSSELS. Rain has improved conditions for wheat. Ukraine’s corn exports have slumped by 20%. US soybeans are holding up surprisingly well. With the euro hitting a three-and-a-half-year high against the US dollar rapeseed quotations have tumbled.
Oilseeds
Apr 24, 2025
OTTAWA/ASTANA. Russia is once again banning flaxseed imports from Kazakhstan. Traders report delays in deliveries from the origin. Canadian farmers could expand their sowing this year.
Oilseeds
Apr 24, 2025
OLOMOUC. Although the official cultivation forecast is still pending, it can currently be assumed that sowing in the Czech Republic will be higher than last year. However, the low rainfall in recent months could reduce yields.
Oilseeds
Apr 23, 2025
SOFIA/BUENOS AIRES. Larger acreages and higher yields are ensuring good crop results in Argentina. In Ukraine, sowing is progressing much more slowly than last year.