Oilseeds - Oilseeds

Flaxseed: yield forecasts corrected downwards again

September 23, 2021 4:11 PM, Der AUDITOR
Play report as audio

NUR-SULTAN. Only in the course of the harvesting process does the full extent of the damage caused by the drought become apparent. Crop estimates for the Kazakh flaxseed crop were once again corrected downwards.

Uncertain supply situation

The current insecurity in the flaxseed market causes traders to be reluctant when it comes to making offers for prompt shipments. The availability of goods for this season is too uncertain. Heat and drought have left their mark on Kazakhstan's growing regions and recent reports from the Kazakh Grain Union (KGU) suggest that only 1.2-1.3 million ha of the acreage will be yielding. As a result, the 2021 flaxseed crop is estimated at 720,000-800,000 mt, significantly less than in recent years. For the flaxseed market in Ka

View related articles

Go to the News Overview
Oilseeds
Jun 23, 2022
OTTAWA/NUR-SULTAN. Canada's acreages are benefiting from rainfall. At the same time, market players expect a correction of the official cultivation forecast in the coming days. Eastern European flaxseed is significantly cheaper than in the past weeks.
Oilseeds
Jun 23, 2022
NEW DELHI. Indian sesame seed traders expect serious competition in the upcoming tender. Meanwhile, demand from domestic hullers is likely cause firmer prices.
Oilseeds
Jun 23, 2022
CHRUDIM/BUDAPEST. Hungarian blue poppy seed traders are more than frustrated with this year's crop result. A big question mark also continues to hover over this year's poppy production in the Czech Republic.
Oilseeds
Jun 23, 2022
SOFIA/KYIV. The Ukrainian Ministry of Agriculture expects domestic sunflower seed production to reach a ten year low. Meanwhile, the country needs additional storage capacity for the upcoming crop. In Bulgaria, the plants are developing well and give hope for a good crop result.