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Flaxseed: yield forecasts corrected downwards again

September 23, 2021 at 4:11 PM , Der AUDITOR
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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

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