Oilseeds - Oilseeds

Flaxseed: larger acreage in Kazakhstan

May 16, 2024 at 2:47 PM , Der AUDITOR
Play report as audio

ASTANA. Kazakh farmers are busy sowing this year's flaxseed crop. The plan is to expand the area compared to 2023. Kazakhstan's exports have declined significantly due to the disappointing 2023 crop.

Buyers stock up

With the introduction of import duties on Russian flaxseed, demand in the EU is increasing, which is also affecting the Kazakh flaxseed market. The Kazakh Grain Union (KGU) estimates the available flaxseed supplies in Kazakhstan at a maximum of 50,000 mt and prices are rising. Commodity prices at origin are currently at EUR 485/mt FCA Kazakhstan.

According to data from the Kazakh statistics service, flaxseed exports totalled 23,700 mt in March 2024. At 13,400 mt, the majority of shipments went to China, while a further 6,200 mt of flaxseed wa

View related articles

Go to the News Overview
Grains
Jun 14, 2024
BRUSSELS. Few surprises were in store for wheat in the recent WASDE report. With regards to corn and soybeans the report, however, failed to comply with expectations. Production will range lower for rapeseed.
Oilseeds
Jun 13, 2024
NEW DELHI/MAPUTO. According to current estimates, the sesame seed crop in the Indian state of Gujarat will not be able to fulfil previous expectations. Meanwhile, market players are expecting high exports from Mozambique.
Oilseeds
Jun 12, 2024
SOFIA/KYIV. In Ukraine the area sown with sunflower seeds has fallen short of initial expectations. Declines are anticipated in Russia and Coceral has issued revised EU crop estimates.
Nuts
Jun 10, 2024
NEW DELHI/BEIJING. Everything about the situation in China currently indicates that the country wants to meet the demand for peanuts as far as possible from its own cultivation. This is also being felt on the Indian market.