Free of charge

Flaxseed: In a state of frost

November 2, 2016 at 3:58 PM , Der AUDITOR
Play report as audio

WARSAW. Ice and snow brought the flaxseed harvest in Canada to a halt.

Canada in a state of shock
The flaxseed harvest in Canada has been completely stopped. Ice and snow are currently making it impossible for farmers to bring in their crop. The situation is so bad that contracts with China cannot be fulfilled. As a result, China is buying flaxseed in Russia, and other origins. That is why enormous price increases are expected. Raw Eastern European flaxseed (uncleaned) is currently being offered for 255 EUR/mt EXW. Price increases of up to 280 EUR/mt cannot be excluded. 

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.