Oilseeds - Oilseeds

Flaxseed: hope for price declines in the new year

December 2, 2021 2:03 PM, Der AUDITOR
Play report as audio

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

View related articles

Go to the News Overview
Oilseeds
Jan 20, 2022
SOFIA/BEIJING. Good domestic demand before the Chinese New Year ensures persistently high prices for Chinese sunflower seeds. In the Eastern European market, high prices are again causing a lack of buying interest.
Oilseeds
Jan 19, 2022
PRAGUE/ANKARA. The Czech blue poppy seed market is still quiet after the beginning of the new year. November exports were significantly better than the year before and contrast strongly with the weak results of the previous two months.
Oilseeds
Jan 17, 2022
DALIAN. Chinese New Year is approaching and is drawing the attention of traders. In addition to the upcoming holidays, coronavirus outbreaks in some cities could, according to market players, lead to trading activity being curbed further.
Oilseeds
Jan 13, 2022
NEW DELHI. As prices in India are firm and highly competitive suppliers stand a good chance in the new sesame seed tender from South Korea. The market expects the tender to be issued at the end of January.