Price: €11.00
Member Price: €0.00

Flaxseed: traders do not plan for the long term

March 17, 2022 at 2:44 PM , Der AUDITOR
Play report as audio

OTTAWA/BRUSSELS. The UK imposes additional import duties on Russian oilseeds. In the flaxseed market, demand is high, but traders' willingness to enter into long-term contracts is low. Canadian producers face the question of whether to adjust their acreage to the current circumstances.

Buyers want to cover themselves in the long term

Demand in the flaxseed market is high. Buyers who had already hedged into the summer months via contracts now want to cover themselves beyond these. For many suppliers, however, this risk is too high, because too many factors, not least the sanctions, can also restrict the flow of goods in the long term. At the same time, according to market players, there are also more and more customers who no longer want to buy goods from Russia. However, the contracts through which these shipments are made were partly concluded mo

View related articles

Go to the News Overview
Oilseeds
Jul 9, 2025
SOFIA/KYIV. Rainfall brought some relief to European growing regions after a period of hot, dry weather. This is good news for the sunflower seed crop. The EU imported around 20% less sunflower seeds from third countries in the 2024/2025 season.
Nuts
Jul 7, 2025
NEW DELHI/BUENOS AIRES. While sowing is being expanded in key Indian growing regions, Argentina is attracting buyers with favourable prices for feed peanuts. Export prices in India remain largely stable.
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.