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
Oct 4, 2022
NEW DELHI. Peanuts are not holding up to expectations in India. Good news, however, is that production is highly promising. Dangerous edible oil mixtures have prompted an alert to be issued.
Sep 29, 2022
NEW DELHI. Indian sesame seed farmers are optimistic about the crop and expect an increase in yields compared to last year. Only in Gujarat can production not keep up.
Sep 28, 2022
SOFIA/KYIV. In Ukraine, a good 15% of the forecast sunflower seed crop has now been harvested, while concern is high in Bulgaria in view of the disappointing production results. Various factors are causing enormous uncertainty in the market on both the buyer and seller side.
Sep 27, 2022
DALIAN. Demand in the Chinese pumpkin seed market is so low that even traders are alarmed. At present, the outlook for the rest of the year is rather pessimistic, as various factors militate against an increase in buying interest.