Oilseeds - Oilseeds

Flaxseed: main growing countries reduce acreage

June 22, 2023 at 3:03 PM , Der AUDITOR
Play report as audio

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

View related articles

Go to the News Overview
Sep 21, 2023
NEW DELHI/ABUJA. South Korea has issued a new tender for sesame seeds for the first week in October. Farmers reckon that rain will reduce production in India's state of Gujarat.
Sep 21, 2023
CHRUDIM. Producers reckon that the poppy seed crop will fall well short of official estimates. The Czech Statistical Office still needs to issue new estimates. Prices have risen.
Sep 20, 2023
SOFIA/KYIV. Reactions are quite diverse over the European Union's decision not to extend the import ban for certain agricultural products from Ukraine to neighbouring member states beyond 15 September.
Sep 18, 2023
NEW DELHI. Although the peanut harvest is underway in India, prices have taken a rather unexpected turn. News on the US crop is confusing and harvesting is well underway in China.