Oilseeds - Oilseeds

Flaxseed: KGU gives first cultivation forecast for 2022

April 20, 2022 at 4:58 PM , Der AUDITOR
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NUR-SULTAN/MOSCOW. The AUDITOR editorial team spoke with market expert Evgeniy Karabanov about the flaxseed market. In addition to the hurdles that make procurement difficult due to the Ukraine crisis, there are initial estimates regarding the cultivation area for the 2022 crop.

Difficult times for flaxseed traders

The flaxseed market continues to face difficult times. The new sanctions against Russia are now making it even more difficult to buy the oilseeds. When asked how the flaxseed market has changed due to the Ukraine crisis, market expert Evgeniy Karabanov, Chairman of the Kazakh Grain Union (KGU), told AUDITOR's editorial team the following: 

"The war in Ukraine has had a significant impact on trade in the region and the world, including the flaxseed market. Due to hostilities in the Black Sea-Azov region and sanctions

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