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Flaxseed: hope for price declines in the new year

December 2, 2021 at 2:03 PM , Der AUDITOR
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OTTAWA/NUR-SULTAN. The current flaxseed report from Agriculture and Agri-Food Canada does not bring any relief. In Eastern Europe, flaxseed prices have stabilised at their high level.

Crop forecast remains sobering

It is no longer a secret that this season's flaxseed crop has been lower in all the main growing countries. In Canada, prices are beginning to decline and have come down from their all-time high. Agriculture and Agri-Food Canada, however, is leaving the price forecast for the current season at CAD 1,150/mt; in the 2020/2021 season, average prices were still at CAD 693/mt. Otherwise, the estimates for 2021/2022 also remain unchanged from last month's report. The experts reckon that about 400,000 ha can be harves

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