Price: €11.00
Member Price: €0.00

Flaxseed: crop forecasts for 2023

July 20, 2023 at 2:30 PM , Der AUDITOR
Play report as audio

OTTAWA/ASTANA. Canada's flaxseed acreage has been lower than expected this year, setting a negative record. Russia and Kazakhstan are also forecast to have smaller crops, while Ukraine is looking to push its niche product.

Negative record in Canada

March and April remained cool and dry across Canada,  followed by an unusually hot May. Groundwater reserves are alarmingly low in several regions of Alberta and Manitoba, and much of Saskatchewan is also affected. Despite the drought, however, prices in the Canadian flaxseed market remain stable for the time being. Since stocks in the international market are currently running low, according to the experts at Rayglen Commodities, there is always an opportunity for Canadian suppliers to still sell goods. Extensive carry-over stocks are

View related articles

Go to the News Overview
Grains
Apr 25, 2025
BRUSSELS. Rain has improved conditions for wheat. Ukraine’s corn exports have slumped by 20%. US soybeans are holding up surprisingly well. With the euro hitting a three-and-a-half-year high against the US dollar rapeseed quotations have tumbled.
Oilseeds
Apr 24, 2025
OTTAWA/ASTANA. Russia is once again banning flaxseed imports from Kazakhstan. Traders report delays in deliveries from the origin. Canadian farmers could expand their sowing this year.
Oilseeds
Apr 24, 2025
OLOMOUC. Although the official cultivation forecast is still pending, it can currently be assumed that sowing in the Czech Republic will be higher than last year. However, the low rainfall in recent months could reduce yields.
Oilseeds
Apr 23, 2025
SOFIA/BUENOS AIRES. Larger acreages and higher yields are ensuring good crop results in Argentina. In Ukraine, sowing is progressing much more slowly than last year.