Oilseeds - Oilseeds

Flaxseed: This is the price to pay

November 28, 2016 at 9:22 AM , Der AUDITOR
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LODZ. Only -3 °C, or as they say in Kazakhstan: thaw. Temperatures were already at -30 °C this autumn. Although it is still too cold as that farmers could work on the remaining 17% acreage.

Prices are rising
There should be enough flaxseed available on the market overall, since the three large production countries Russia, the Ukraine and Kazakhstan had been expecting lavish quantities. Demand from China was heightened because of the frost in Canada, and made for a price increase, although a minimal one this week. Cleaned flaxseed from Poland, brown is at 0.485 EUR/kg DDP Germany. Traders report that only few long-term contracts were entered, and many sales are effected over spot inquiries of 200-300 mt. It should become much quieter on

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