Flaxseed: USA and China reduce imports

June 17, 2019 at 9:59 AM , Der AUDITOR
Play report as audio

OTTAWA/WASHINGTON, DC. Prices have risen in Canada. Contrary to this, the process for the new crop are under pressure.

USA increase production by 70%

According Statistics Canada, around 600,000 mt of flaxseed will be produced on 400,000 hectares. Coupled with the remaining stocks from this season, supplies should reach 695,000 mt in 2019/20.

US farmers have sown about 139,000 ha. If yields remain similar to last year production will range at 190,000-200,000 mt in 2019/20, an increase of as much as 70/ over 2018/19. Experts reckon that shipments from Canada to the US will decline in the coming season. Exports to China have already declined. Acreage in Kazakhstan is said to be

View related articles

Go to the News Overview
Oilseeds
Nov 4, 2024
DALIAN. Weak demand is causing prices for Chinese pumpkin seeds to fall. GWS kernels could become scarce on the EU market due to pesticide problems.
Grains
Nov 1, 2024
BRUSSELS. Russia’s failed attempt to drive up wheat prices has slowed shipments. Ukraine’s corn exports are 18% up. Rain has prompted sowing to gain pace for soybeans in Brazil and Argentina. Rumour has it that China will slash retaliatory tariffs on Canada's canola.
Oilseeds
Oct 31, 2024
OTTAWA. Although the Canadian flaxseed crop is smaller than in recent years, market players are currently reporting high demand from China. The EU could also be an interesting sales market this season if the export potential was not limited.
Oilseeds
Oct 31, 2024
OTTAWA. The Canadian mustard seed harvest has so far resulted in lower yields than initially hoped for, but the crop result remains significantly better than in previous years.