Oilseeds - Oilseeds

Flaxseed: increase in cultivation to compensate for lower yields

August 6, 2020 1:22 PM, Der AUDITOR
Play report as audio

NUR-SULTAN/MOSCOW. In its latest oilseed report, market analyst Oil World reckons that flaxseed production in Kazakhstan and Russia will...

... reach new highs despite the drought in some regions. The reason for this is the larger areas sown for the 2020/2021 crop, which will help to compensate for possible yield reductions.

The experts expect a production increase of 9% to 1.1 million metric tonnes in Kazakhstan and 17% to 750,000 metric tonnes in Russia. The world crop is currently estimated at 3.35 million metric tonnes, which is an increase of 7.7% over last year.

Flaxseed production in mt

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.