On-the-Ground Updates

Canadian flax outlook postive for farmers

Flax Seed
Canada
Kazakhstan
Russia
Market & Price Trends
Rajjun Sahota
Published Sep 11, 2020
Canadian flax suppliers are expecting solid pricing for this year's flaxseed crop based on projections that Kazhakstan and Russia will have lower production. Statistics Canada is expecting domestic production to increase to 512,000 MT, from 486,000 MT last year, but lower carryover supply and increased demand are expected to raise average prices between $510-$550/MT.
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