Oilseeds - Oilseeds

Flaxseed: KGU gives first cultivation forecast for 2022

April 20, 2022 at 4:58 PM , Der AUDITOR
Play report as audio

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

View related articles

Go to the News Overview
Sep 28, 2023
OTTAWA/ASTANA. Market players expect that the Kazakh flaxseed crop will not be available in the market before November, which is unusually late.
Sep 28, 2023
NEW DELHI/ABUJA. Lower production estimates and good domestic demand are leading to firmer prices in the Indian sesame seed market. However, the availability of new crops from other origins partly negates this.
Sep 27, 2023
SOFIA/CHIȘINĂU. There is still no mutually satisfactory arrangement with the EU states concerned regarding agricultural imports from Ukraine, but efforts are being made to reach an agreement soon. Meanwhile, Moldovan growers are also demanding measures from the government.
Sep 25, 2023
NEW DELHI. In India, but also in North and South American growing countries, market players are paying more attention to the good quality of their goods in order not to jeopardise exports to Europe. There were further price increases on the Indian market.