Oilseeds - Oilseeds

Flaxseed: old crop is becoming scarce and expensive

September 28, 2023 at 4:24 PM , Der AUDITOR
Play report as audio

OTTAWA/ASTANA. Market players expect that the Kazakh flaxseed crop will not be available in the market before November, which is unusually late.

Canada's exports are doing well

Canadian flaxseed exporters are currently benefiting from good demand from China and the USA, while there is little buying interest from EU countries. Thanks to abundant carry-over stocks, prices are holding at current levels for the time being despite lower yields. However, as the experts at Rayglen Commodities state, it remains to be seen how steady demand from Chinese buyers will be, as they are likely to still have larger supplies.

Harvest delays cause prices to rise

Meanwhile, harvest delays in Ka

View related articles

Go to the News Overview
Jul 22, 2024
NEW DELHI/AUSTIN. Although US growing regions in the Southwest have faced some heavy rains, growers in parts of Texas continue to face drought and water shortages. In India, prices could soon receive support.
Jul 18, 2024
CHRUDIM. Czech poppy farmers have sown a good 10,000 ha more this year than in the last two years. This raises hopes of a good crop, even though there are still concerns that the hot and dry temperatures could have a negative impact.
Jul 18, 2024
NEW DELHI. Indian sesame seed traders are struggling with high competitive pressure. Meanwhile, the sesame seed tender expected at the beginning of July has been delayed by a few weeks.
Jul 18, 2024
OTTAWA/BRUSSELS. Good crop prospects in Canada are putting pressure on mustard seed prices. Buyers are still holding back on enquiries.