Oilseeds - Oilseeds

Flaxseed: global crop to increase by 13%

December 7, 2022 at 3:40 PM, Der AUDITOR
Play report as audio

NUR-SULTAN/OTTAWA. In the 2022/2023 season, significantly more flaxseed is expected to be available worldwide than in the previous year. Nevertheless, prices hardly change.

What happens next

According to market players, there is hardly any interest in Russian flaxseed from the buyer side. One of the problems is the payment modalities that make trade difficult, whereby moral conflicts certainly play a role from time to time. Now there is speculation about what will happen in early summer if Kazakhstan has sold off its flaxseed stocks by then and Russia is no longer an option as a supplier for many customers. Weak demand and still sufficient availability have caused the prices for Kazakh flaxseed to drop significantly since the beginning

View related articles

Go to the News Overview
Oilseeds
Mar 23, 2023
NEW DELHI. Attractive prices have prompted many farmers to sow more sesame seeds in India this year. This is, however, not the only reasen why the market is under pressure.
Oilseeds
Mar 23, 2023
CHRUDIM. Although Easter is only two weeks away, the demand for blue poppy seeds is still very low in the Czech Republic. Prices have declined a bit and sowing is underway.
Oilseeds
Mar 22, 2023
SOFIA/KYIV. Farmers in Bulgaria are protesting against the high volumes of sunflower seeds imported from Ukraine, which are said to exceed 1 million mt. These imports have certainly put the market under pressure.
Oilseeds
Mar 21, 2023
DALIAN. Suppliers in China are having a hard time finding buyers for pumpkin seeds. Issue is that most exporters are well stocked. Prices have, however, remained high as supplies are limited.