A major flax crush plant is set to open in Russia. ASVA is building the facility in the city of Azov in Russia’s Rostov region.
Tag Archives flax market
Big Russian flax plant is another threat to Canada
The plants may decrease competition in the flax seed market because more of the crop will be consumed domestically
Black Sea region expected to produce more flax
The crop is faring better than others in Russia's drought-hit regions, and acreage is anticipated to be higher than last year
SASKATOON — Black Sea flax growers are hoping for a rebound year. Acreage is expected to be up in Russia, although there are no official numbers yet, said Sergey Pluzhnikov, head of sales for Temporia Capital Company and founder of Russian Pulses Analytics. Related stories: Russian farmers planted 3.46 million acres of the oilseed last […] Read more
Flax prices not expected to increase
Ag Canada expects 275,000 tonnes of stocks to start 2023-24 crop year, which is more than a typical export program
Flax growers shouldn’t expect much price action in the new crop year, according to traders. Prices have levelled off after plunging 36 percent in 2022-23 and that is likely where they will remain. Old and new crop bids for brown flax are around $14 per bushel f.o.b. farm for movement before harvest, according to a […] Read more
Flax prices not expected to increase
Agriculture Canada is forecasting there will be 275,000 tonnes of stocks to start the 2023-24 crop year, which is more than a typical export program of late.
