Oilseeds - Oilseeds

Flaxseed: trade with Russia on the brink

March 3, 2022 at 3:41 PM , Der AUDITOR
Play report as audio

OTTAWA/MOSCOW. According to experts, Canada's flaxseed crop will be significantly better than last year with average yields. Meanwhile, the flaxseed trade with Russia is on the brink of collapse.

Canada's crop has potential

Agriculture and Agri-Food Canada has left its forecast for the 2022/2023 flaxseed season largely unchanged from the January report, with only a slight increase in the estimated average price for both the current and upcoming seasons. Hopes for average yields are the basis for the expected production increase of 68% to 580,000 mt, while acreage is actually expected to decline slightly, according to the current report.

Flaxseed, Canada

View related articles

Go to the News Overview
Oilseeds
Sep 28, 2023
OTTAWA/ASTANA. Market players expect that the Kazakh flaxseed crop will not be available in the market before November, which is unusually late.
Oilseeds
Sep 28, 2023
NEW DELHI/ABUJA. Lower production estimates and good domestic demand are leading to firmer prices in the Indian sesame seed market. However, the availability of new crops from other origins partly negates this.
Oilseeds
Sep 27, 2023
SOFIA/CHIȘINĂU. There is still no mutually satisfactory arrangement with the EU states concerned regarding agricultural imports from Ukraine, but efforts are being made to reach an agreement soon. Meanwhile, Moldovan growers are also demanding measures from the government.
Nuts
Sep 25, 2023
NEW DELHI. In India, but also in North and South American growing countries, market players are paying more attention to the good quality of their goods in order not to jeopardise exports to Europe. There were further price increases on the Indian market.