Oilseeds - Oilseeds

Flaxseed: Russia's area sown comes close to 2 million ha

September 13, 2022 at 3:58 PM, Der AUDITOR
Play report as audio

NUR-SULTAN/MOSCOW. First impressions in Russia and Kazakhstan show that flaxseed production may be better than last year. Caution, however, prevails. The Kazakh Grain Union (KGU) has again lifted its estimates for sowing in Russia.

Restrictions still in place

Caution prevails as the war in Ukraine still has a huge impact on trade in the Black Sea Region and on the flaxseed market. Evgeny Karabanov, official representative of the Kazakh Grain Union, emphasises that it is not only the war but also the sanctions against Russia that are disrupting well-established supply chains. Deliveries, consequently, take longer, logistic costs have surged and some shipments are simply no longer possible. Although the opening of the grain corridor in August "cooled the panic on the market," as Karabanov states

View related articles

Go to the News Overview
Oilseeds
Mar 29, 2023
SOFIA/KYIV. In its latest report, Coceral raises the production estimates for the EU sunflower seed crop significantly. Meanwhile, prices in the Eastern European market are coming under increasing pressure.
Oilseeds
Mar 27, 2023
DALIAN. The sowing of the new crop is approaching and it is becoming apparent that Chinese farmers prefer to grow shine skins, while the acreage for GWS kernels is shrinking. Currently, there is hardly any trading activity.
Nuts
Mar 27, 2023
NEW DELHI. While sufficient peanuts of the Bold type are still available in Indian warehouses, the situation is quite different for other varieties. The acreage is expected to be larger this year and farmers are expecting good yields.
Oilseeds
Mar 23, 2023
NEW DELHI. Attractive prices have prompted many farmers to sow more sesame seeds in India this year. This is, however, not the only reasen why the market is under pressure.