Oilseeds - Oilseeds

Flaxseed: uncertainty about crops in Eastern Europe

October 7, 2021 3:03 PM, Der AUDITOR
Play report as audio

OTTAWA/NUR-SULTAN. The availability of the flaxseed crops in Russia and Kazakhstan is still a big question mark for market players. In Canada, too, work in the fields is slowly coming to a close.

Harvest in Manitoba almost finished

In Manitoba, the flaxseed harvest has now been completed to a good 80% and prices remain at a high level. However, quotations for raw material deliveries from Manitoba fell by CAD 46/mt to CAD 1,227/mt compared to last week - this time last year, however, prices were at CAD 524/mt. Market players such as Rayglen Commodities also recommended that contracts for deliveries from the new crop should include a force majeure clause, as well as an FOB farm price to better illustrate the price increase to buyers.

View related articles

Go to the News Overview
Oilseeds
Oct 13, 2021
CHRUDIM. After long delays, the majority of the Czech poppy seed crop is finally available on the market. However, demand is high, which is why prices are stable for the time being. August exports were significantly higher than last year.
Oilseeds
Oct 13, 2021
SOFIA. Bulgarian sunflower seed traders are looking at the current developments in the bakery market with growing despair. Hardly anyone believes that prices will soon reach a level similar to that of the last few years.
Oilseeds
Oct 13, 2021
NUR-SULTAN. As the flaxseed harvest in Kazakhstan progresses, it is becoming increasingly clear what this year's production can bring. However, experts at the Kazakh Grain Union (KGU) believe the official cultivation figures are too optimistic.
Oilseeds
Oct 12, 2021
BEIJING. After prices had risen due to numerous speculative purchases, buyers are now following a new tactic. The most preferred kernels are still shine skins.