Price: €11.00
Member Price: €0.00

Flaxseed: "They think they're selling gold"

October 22, 2020 at 10:33 AM , Der AUDITOR
Play report as audio

NUR-SULTAN/OTTAWA. Flaxseed prices continue to rise in Eastern Europe and Canada. The market is confronted with difficulties.

High prices and delays in Kazakhstan

The market situation remains rather unpredictable in Eastern Europe. The harvest has been completed in Kazakhstan and the crop is smaller than last year. Farmers are taking advantage by charging high prices. Market players are outraged in stating that, "they think they are selling gold instead of flaxseed". Oil mills currently pay around EUR 455/mt FCA North Kazakhstan for brown flaxseed. While exporters in Kazakhstan prefer to wait for pesticide analyses to be completed on conventional seeds, local oil mills are less intere

View related articles

Go to the News Overview
Oilseeds
Jul 3, 2025
OTTAWA/ASTANA. Canadian traders expect that the country will start the new season without any significant carry-over stocks. Speculation suggests that prices for new the crops in Russia and Kazakhstan will rise.
Oilseeds
Jul 3, 2025
OTTAWA/BRUSSELS. Rainfall is benefiting the mustard seed crop in Canadian growing regions. However, further rain showers are urgently needed. In the 2024/2025 season, almost 36% less mustard seeds have been imported into the EU so far.
Oilseeds
Jul 2, 2025
SOFIA/DALIAN. The European Commission has significantly lowered its crop forecast for the 2025/2026 season. Market players reckon that this may not be the last time if the current weather conditions persist.
Nuts
Jun 30, 2025
NEW DELHI. Farmers in India are keen to purchase high-quality seeds to sow peanuts. Edible oil is trading lower. Yields have risen sharply in the state of Uttar Pradesh.