March 26, 2020 10:01 AM
Editorial content from Der AUDITOR
Latest News - Oilseeds

Flaxseed: spring festival and Covid-19 hamper trade

NUR-SULTAN. As Kazakhstan celebrates Nauryz, which marks the beginning of spring, and measures have been introduced to contain the spread of the coronavirus the market has come to a standstill. Prices remain largely stable.

 

This report contains:
 
- a market update on Eastern Europe
- the latest prices in Eastern Europe
price chart, flaxseed, brown, 99.9% purity, Eastern Europe
more price charts



Here you see a picture of a current news from Novella Agri.
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News
Pumpkin seeds: sudden slump in demand
PEKING. The processing of release oders previously on hold has driven up raw seed prices in China. Pumpkin seed exporters, however, report that...
4/2/20
Sunflower seeds: delays in shipments
SOFIA. Sowing is still in full progress in Bulgaria and official estimates are to be issued soon. Meanwhile, the producers' restraint proved to be successful.
4/1/20
Blue poppy seeds: farmers in Turkey to switch to white poppy seeds
CHRUDIM/ANKARA. Traders in Turkey report that farmers are considering to switch to white poppy seeds this year. Meanwhile, sowing has been largely completed in the Czech Republic.
3/31/20
Sesame seeds: massive price increase
NEW DELHI/FRANKFURT. Since there are currently no offers for sesame seeds from the growing countries such as India, Sudan and Nigeria, demand on the European spot market is high.
3/31/20
Soybeans: South American municipalities tighten controls against the will of their governments
CHICAGO. Soybean markets were weaker in the USA and South America, but firm in Western Europe. Efforts are underway between the USA and Russia to jointly support the crashed crude oil market by cutting crude oil output by more than 20% in order to avert the threatened wave of US bankruptcies for shale oil producers. Argentina's and Brazil's municipalities have tightened border controls against the will of their governments because of the Covid-19 pandemic.
3/31/20
Sesame seeds: surge in demand expected
NEW DELHI. All export trade has been put on hold in India for the time being and the local spot markets are closed. Market players are, however, reckoning with a drastic rise in sesame seed prices after the lockdown.
3/30/20
Flaxseed: Russia buys raw seeds in Kazakhstan
MOSCOW/NUR-SULTAN. Due to high prices, the oil mills in Russia there are increasingly buying raw seeds in Kazakhstan. Shipnebts to Germany have, however, declined this season.
3/30/20
Sunflower seeds: sharp rise in release orders
SOFIA. Sowing has been temporarily suspended due to rain. Although low prices are currently keeping the market up and running, the producers are pushing for a shift.
3/26/20
Blue poppy seeds: Germany cuts imports by 20%
CHRUDIM. Trading is largely subdued in the Czech Republic. Poppy seed shipments to Germany have declined sharply.
3/26/20
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Harvest dates
Next harvest dates for Flaxseed
Country
Start of harvest
Bolivia
6/1/20
USA
7/1/20
Austria
8/1/20
Belgium
8/1/20
Czech Republic
8/1/20
Estonia
8/1/20
Finland
8/1/20
France
8/1/20
Germany
8/1/20
Hungary
8/1/20
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Crop sizes

Crop sizes for Flaxseed
Country
Year
Crop size
Kazakhstan
2018
933,533 mt
Russia
2018
598,953 mt
Canada
2018
492,000 mt
China
2018
365,511 mt
India
2018
174,000 mt
USA
2018
121,540 mt
Ethiopia
2018
101,875 mt
France
2018
46,551 mt
United Kingdom
2018
43,000 mt
Ukraine
2018
23,610 mt
Learn more