Oilseeds - Oilseeds

Flaxseed: higher production estimates in Canada

July 15, 2020 3:19 PM, Der AUDITOR
Play report as audio

OTTAWA/NUR-SULTAN. StatsCan has again reduced its estimates for the 2020 Canadian flaxseed acreage. The company expects a decrease...

... of 3% as a smaller acreage was sown, which will result in decrease from 379,000 ha to 369,000 ha. If one reckons a correspondingly smaller area of 345,000-350,000 ha that can be harvested, the yield of 1.45-1.50 mt/ha should nevertheless be sufficient to achieve an increase in production from 486,000 metric tonnes (2019) to 500,000-525,000 metric tonnes (2020).

SaskFlax writes in the July report that since the start of the season a total of 258,186 metric tonnes of flaxseed has been exported from Canada, about 110,000 metric tonnes or 30% less than in the same period last year. The main customer was China with 107,141 metric tonnes (-45%), followed by the USA with 81,824 metric tonnes (-28%) and Europe with 43,093 metric tonnes (+23%). In comparison, the export average for the past five years is 478,287 metric tonnes for this period and 270,000 metric tonnes for shipments to China. This development clearly shows the influence of Russian and Kazakh flaxseed cultivation on Canada's export trade.

Prompt shipments relatively expensive

Large quantities of flaxseed are again expected to be grown in Russia and Kazakhstan this year, although market players fear that the drought in parts of the growing regions could have a negative impact on yield and quality. Spot offers for brown flaxseed with a 99.9% purity tend to be at a level of EUR 0.58-0.60 per kg DDP Germany and are thus considerably more expensive than in recent years at this time. Price indications from the new crop are around EUR 0.30 per kg cheaper. Meanwhile yellow flaxseed from the 2019 crop is available for EUR 0.79 per kg DDP Germany. Farmgate prices in Canada are stable, but foreign buyers can benefit from the currently stronger euro.

Flaxseed, 2019 crop



Brown, 99.9%, Eastern Europe, DDP DE


Yellow, 99.9%, Eastern Europe, DDP DE


Brown, 97% purity, Canada, EXW Manitoba


Trade sources

View more information
price chart, flaxseed, brown, 99.9% purity, Eastern Europe
more price charts

Attached Files

File icon
price chart flaxseed, brown, Eastern Europe

View related articles

Go to the News Overview
Nov 25, 2021
NUR-SULTAN. Last week, the Asia Grains&Oils Conference took place in Kazakhstan. Market expert Evgeny Karabanov from the Kazakh Grain Union (KGU) presented the current estimates for the Kazakh Flaxseed crop of 2021.
Nov 25, 2021
CHRUDIM. The Czech blue poppy seed market is quiet and price corrections comparable to those in the last weeks of last year are not to be expected. Enough raw materials should be available, although the partly low quality is emphasised again.
Nov 24, 2021
SOFIA/KIEV. As Russia is currently not supplying any raw materials, Moldova is by far the most important third-country sunflower seed supplier for the EU. Both Russia and Ukraine were able to achieve very good crops this year. In Bulgaria, the high prices keep the market quiet.
Nov 23, 2021
BEIJING. The Chinese pumpkin seed market is lacking demand, while speculators have had little success so far. The approaching Christmas holidays and Chinese New Year should ensure that there are only few price corrections in the export market.