Oilseeds - Oilseeds

Flaxseed: production estimates revised

January 14, 2021 10:53 AM, Der AUDITOR
Play report as audio

NUR-SULTAN/OTTAWA. Attractive prices are expected to boost sowing this year. Buyers in China and the EU continue to compete for Eastern European flaxseed. Trading has revived.

Production exceeds expectations in Canada

As Agriculture and Agri-Food Canada has recently reported the area harvested has exceeded expectations. The area sown in 2020 ranges at 337,000 ha, of which 371,000 ha were harvested. This is nearly 10% up on 2019. At 1.56 mt/ha yields may range below expectations, they are, however, 9% up on 2019. Demand is anticipated to drive up exports to 500,000 mt in 2020/2021, whereas exports only reached 350,000 mt in 2019/2020. This should also drive up prices, especiall since they remain high in Eastern Europe.

View related articles

Go to the News Overview
Oilseeds
Nov 25, 2021
NUR-SULTAN. Last week, the Asia Grains&Oils Conference took place in Kazakhstan. Market expert Evgeny Karabanov from the Kazakh Grain Union (KGU) presented the current estimates for the Kazakh Flaxseed crop of 2021.
Oilseeds
Nov 25, 2021
CHRUDIM. The Czech blue poppy seed market is quiet and price corrections comparable to those in the last weeks of last year are not to be expected. Enough raw materials should be available, although the partly low quality is emphasised again.
Oilseeds
Nov 24, 2021
SOFIA/KIEV. As Russia is currently not supplying any raw materials, Moldova is by far the most important third-country sunflower seed supplier for the EU. Both Russia and Ukraine were able to achieve very good crops this year. In Bulgaria, the high prices keep the market quiet.
Oilseeds
Nov 23, 2021
BEIJING. The Chinese pumpkin seed market is lacking demand, while speculators have had little success so far. The approaching Christmas holidays and Chinese New Year should ensure that there are only few price corrections in the export market.