Oilseeds - Oilseeds

Flaxseed: limited supplies in Canada

January 13, 2022 11:19 AM, Der AUDITOR
Play report as audio

OTTAWA. Traders report that seed supplies are low for sowing in Canada and advise flaxseed farmers to buy as soon as possible. Farmgate prices have declinined.

US buyers are covered

The flaxseed market is relatively calm in Canada at the start of the year. Raw seed prices range nominally lower at CAD 40/bu. Farmers expect the prices for the new crop to range at CAD 24-25/bu. As Rayglen Commodities reports, export demand for flaxseed produced in Canda is down due to fierce competition from the Black Sea Region. While US buyers recently caused the market to firm up, the situation is about to change now as buyers have mainly purchased the supplies they require. Rayglen Commodities reckons that the new golden flaxseed crop wil

View related articles

Go to the News Overview
Oilseeds
Jan 20, 2022
NEW DELHI/ABUJA. Nigeria can increasingly attract the attention of European buyers with its sesame seeds, which is reflected above all in the imports to Germany this season. India, however, is far from being able to recover.
Oilseeds
Jan 20, 2022
MOSCOW/OTTAWA. At the end of December, Eastern European agricultural media reported that Russia might consider restricting flaxseed exports. Kazakhstan's exports declined by 34% compared to last season, and there were hardly any shipments to China. Germany sourced a large part of its flaxseed imports from Russia so far this season.
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.