Oilseeds - Oilseeds

Flaxseed: main growing countries reduce acreage

June 22, 2023 at 3:03 PM , Der AUDITOR
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ASTANA/OTTAWA. Flaxseed sowing in the major producing countries is expected to be significantly lower this year. For Canadian exporters, this could be an opportunity to regain a foothold in the international market.

Less flaxseed from Eastern Europe

Kazakhstan and Russia are by far the most important flaxseed producers worldwide. Due to the price development in the 2022/2023 season, the acreage under this oilseed has been significantly reduced this year. The Kazakh Grain Union (KGU) estimates that Kazakh growers have reduced sowings by 20% year-on-year and in Russia, too, acreage is said to have shrunk by 15% compared to 2022. Thus, prices, which were still at a record high in spring 2022, are expected to firm up again. Currently, prices for brown flaxseed, 99.9% purity are at

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