Flax prices continue to ride the upswing the oilseed experienced in May, said Scott Shiels, grain procurement manager for Grain Millers Canada in Yorkton, Sask.
Tag Archives flaxseed

Flax retaining May gains
StatCan projects smallest planted area in 76 years

Canada’s expected flax area smallest since 1950
Other commodity prices outperforming flax
MarketsFarm — Blue flowery fields of flax will be fewer and farther between in Western Canada, according to Statistics Canada’s (StatCan) first survey-based seeding intentions report for 2023-24. In a […] Read more

Price drop not enough to lift demand for Canadian flax
Russia, Kazakhstan competitive in export markets
MarketsFarm — While flax prices in Western Canada have fallen by at least half from what they were one year ago, they are still too high to be competitive on […] Read more

Flax Council of Canada seeks new chief
Wayne Thompson moving to WGRF
Canada’s national market development organization for flax and flax products is officially in the market for a chief executive. The Flax Council of Canada said Tuesday its search for a […] Read more

Scoular fires up flax processing near Regina
Plant to process flax for food- and feed-grade markets
U.S. grain handler Scoular’s Canadian arm has opened a new flax processing operation at its site just southeast of Regina, into what it describes as a record-strong flax market. Scoular […] Read more

Highs may be in on flax as attention turns to new crop
MarketsFarm — The highs may be in for flaxseed bids in Western Canada, with end-users covered for the time being as attention turns to the 2022 crop. “(Canadian flax) is […] Read more

Canadian flax prices, exports going up
MarketsFarm — High demand and an accompanying increase in overseas exports have resulted in reduced domestic supply for Canadian flaxseed, helping drive prices for the crop to highs unseen in […] 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, […] Read more

Prairies tell a tale of two flax crops
CNS Canada — A large portion of Canada’s flaxseed crop is still in the field, leaving questions over the size and quality of what will eventually be harvested. About a […] Read more

More downside than upside for Prairie flaxseed bids
CNS Canada — Flaxseed prices remain strong in Western Canada, but that strength is relative and there are more bearish than bullish factors in the background which should weigh on […] Read more