Flaxseed: EU imports from Russia have doubled

March 14, 2024 at 4:53 PM , Der AUDITOR
Play report as audio
00:00
00:00

OTTAWA/ASTANA. Reduced acreage in Canada is expected to lead to a further decline in production this year. Meanwhile, the EU has increased its flaxseed imports by 23% so far this season.

Decline in cultivation in Canada

The experts at Agriculture and Agri-Food Canada have adjusted their cultivation forecast for the coming season, but there are no deviations from the previous report. Production is still estimated at 250,000 mt, which should bring total availability for the 2024/2025 season to 380,000 mt. This would be just under a quarter less than in the current season and yet the average flaxseed price is estimated to be around 3.5% lower at CAD 550/mt.

Canadian flaxseed exporters are reporting low demand in the first few months of the new

View related articles

Go to the News Overview
Oilseeds
Mar 13, 2025
NEW DELHI/MAPUTO. In the Indian state of Gujarat, sesame farmers are busy sowing for the summer crop. In Mozambique, heavy tropical storms may have affected the sowing results.
Oilseeds
Mar 12, 2025
DALIAN. The prospect of many farmers wanting to switch from pumpkin seeds to sunflower seeds for the 2025/26 season is causing great uncertainty among Chinese market players. Prices are receiving support from various directions.
Oilseeds
Mar 12, 2025
SOFIA/KYIV. In the latest report from the US Department of Agriculture, the crop estimates for Russia and Ukraine were subsequently raised. Coceral has revised its cultivation forecast for the 2025 EU sunflower seed crop. Oilseed prices are under pressure.
Nuts
Mar 10, 2025
NEW DELHI/BUENOS AIRES. The price trend in India is proving complicated as there are too many factors at play. The quality of the Argentinian crop is excellent, while Chinese shipping companies want to increase freight costs.