MarketsFarm — Although autumn snowfall limited the quality of a lot of Prairie flax, its price has remained flat, according to Brian Johnson of Johnson Seeds at Arborg, Man. While Johnson has seen some instances of No. 1 flax, he said most of what he’s seen has graded Nos. 2 and 3. “The premiums are […] Read more
Tag Archives Flax — page 4
Flax prices likely to remain flat
Grain World: Beijing analyst brings different perspective
Saskatoon | MarketsFarm — Ivy Li brought a much different perspective about China to the Grain World conference in Saskatoon. Specializing in Chinese agricultural markets, the Beijing-based independent analyst veered away from the usual statements that often cast China as the bad guy on the world stage. Also, Li pointed out, Canada has been doing […] Read more
StatsCan confirms record-large canola ending stocks
MarketsFarm — Canadian canola ending stocks hit a new record for the 2018-19 crop year, according to updated data Statistics Canada released Friday. Canadian canola stocks as of July 31 came in at 3.9 million tonnes, up by 55 per cent on the year and about 800,000 tonnes above the previous record set in July […] Read more
Flax prices muted
MarketsFarm — Flax yields are expected to be average at harvest season, thanks to the combination of more seeded acres and inclement growing conditions. Export numbers have been lower in recent years, due in part to China having opted to import flax from other countries besides Canada. According to an early 2019 report from FarmLead, […] Read more
StatsCan canola stocks numbers point to big carryout
As two analysts looked at Statistics Canada’s latest report on total stocks of principal field crops, they immediately zeroed in on canola. Statistics Canada’s report, released Tuesday, shows canola stocks as of Dec. 31, 2018 were at 14.553 million tonnes, up 4.9 per cent from year-earlier levels, “The numbers are sort of in line with […] Read more
Quality-wise Prairie flax crop in good shape
CNS Canada – As the amount of flax grown in Western Canada remains in a steep decline, this year’s crop was pretty good in terms of quality. “This year there are some visual black seeds in the crops, but it’s not that bad. It’s a pretty small amount, kind of negligible for the buyer,” said […] Read more
StatsCan’s canola forecast deemed supportive
CNS Canada — A summer of dryness and sizzling heat has apparently taken its toll on canola plants in many areas of Western Canada, according to the latest crop production estimate from Statistics Canada. In a survey compiled in the latter days of July and released Friday, Statistics Canada pegged canola production for 2018-19 at […] Read more
Firm, steady flax prices seen in the cards
CNS Canada — Farmers with flax in the ground should be pleased come autumn. Statistics Canada revised its seeded acreage estimate downward in late June and that, combined with lower carryout stocks and several other factors, should bring strong prices. “Given the demand in the market from China, the United States and potentially even the […] Read more
Plant protein supercluster makes cut for federal funding
At the table with artificial intelligence, big data, advanced manufacturing and ocean-based energy, Prairie pulse, oilseed and cereal crops are in for a share of federal support to spur innovation in Canada. Innovation, Science and Economic Development Minister Navdeep Bains on Thursday announced Protein Industries Canada (PIC) as one of five “superclusters” which will receive […] Read more
Flax Council of Canada to shut office
The national promotional agency for Canada’s flax industry plans to move forward without a bricks-and-mortar office starting next month. The Flax Council of Canada announced Monday its downtown Winnipeg office, which it shares with the Manitoba Flax Growers Association, will close effective Jan. 31. Going forward, the council said it will “continue to operate on […] Read more
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