Oilseeds - Oilseeds

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

September 13, 2022 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
Sep 29, 2022
NEW DELHI. Indian sesame seed farmers are optimistic about the crop and expect an increase in yields compared to last year. Only in Gujarat can production not keep up.
Oilseeds
Sep 28, 2022
SOFIA/KYIV. In Ukraine, a good 15% of the forecast sunflower seed crop has now been harvested, while concern is high in Bulgaria in view of the disappointing production results. Various factors are causing enormous uncertainty in the market on both the buyer and seller side.
Oilseeds
Sep 27, 2022
DALIAN. Demand in the Chinese pumpkin seed market is so low that even traders are alarmed. At present, the outlook for the rest of the year is rather pessimistic, as various factors militate against an increase in buying interest.
Nuts
Sep 26, 2022
NEW DELHI. With Indian farmers increasingly turning to more lucrative agricultural goods, the kharif sowing is lower this year. Prices continue their downward trend as the new crop arrives on the markets.