Canada: Manitoba grain and oilseeds report shows flaxseed and oat prices increased significantly year-over-year

Published 2022년 3월 22일

Tridge summary

The latest Manitoba grain and oilseeds report for the week ending March 18 shows a weekly decrease in open market prices, but all prices are still higher than the previous year. The biggest weekly drop was in flaxseed, followed by canola, corn, soybeans, and red winter wheat. However, the prices for oats, peas, and all other crops except for flaxseed, canola, corn, and red winter wheat increased week-over-week by over 1%. Year-over-year, the most significant price increases were in oats, flaxseed, and canola.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The most recent grain and oilseeds report for Manitoba shows some decrease in open market prices week-over-week, although all prices are still up year-over-year. The report, issued for the week ending March 18, showed the biggest week-over-week drop for flaxseed. With a current weekly price of $1,288.12 per tonne, that represented a week-over-week drop of $115.74. However, flax prices are still up nearly 60 per cent from the same week in 2021 ($807.83). There were other small week-over-week decreases in canola (down $3.09 to $1,099.21), corn (down $5.12 to $381.87), soybeans (down $1.84 to $711) and red winter wheat (down $1.47 to $428.07). All other prices increased, including oats and peas, both of which saw week-over-week increases of more than one per cent. All open ...

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.