CNS Canada — Western Canadian flax producers have seen a decline in prices, due in part to weak exports — but the most recent data from the Canadian Grain Commission show a dramatic increase in sales. “Prices have definitely come down, we know that,” said Don Kerr, president at the Flax Council of Canada in […] Read more
Tag Archives flax prices — page 2
Flax exports up after dry spell, prices stay soft
Flax prices pressured
Seasonal harvest pressure has weighed on flaxseed bids in Western Canada over the past month or so, but the weaker Canadian dollar is providing some support. Current spot flaxseed bids are in the $11.00 to $11.50 per bushel area, with top-end prices having lost over a dollar over the past month, according to Prairie Ag […] Read more
Flax crop could average 30 bushels an acre
CNS Canada –– Canada’s 2015-16 flax crop could be about 30 per cent bigger than last year’s, according to an expert in the industry. “A million tonnes is what they’re talking about for Canada,” said Richard Zacharias, general manager of Prairie Flax Products near Portage la Prairie, Man. While the majority of the crop still […] Read more
Flax market falling in anticipation of large new crop
CNS Canada –– Spot prices for flax in Western Canada have dropped off in the last couple of days, reacting to expectations of large new-crop production in other parts of the world. “If you look at the main line companies, they’ve gone from C$13 to $14 a bushel, down to $11.60,” said Grant Fehr, flaxseed […] Read more
Flaxseed acres likely to top official estimates
CNS Canada — The relative strength in flaxseed bids, recent uncertainty in other cropping options and a general need to mitigate risk could see a few more acres sway towards the oilseed in Western Canada this spring, according to some market watchers. Statistics Canada recently forecast flaxseed plantings for 2015-16 at 1.63 million acres, which […] Read more
Flax prices still strong enough to buy acres
CNS Canada –– Canada’s flax prices are still holding strong enough to encourage an acreage increase this spring, despite concerns about slowing demand. Prices have held up even as shipping opportunities have started to slow down, as there’s a standoff between buyers and sellers, and supplies remain tight, said Mike Jubinville of ProFarmer Canada. Old-crop […] Read more
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