Flax acres moving West

North American demand | More fields of blue may be seen in Alberta

Go west, old crops. That’s the advice the markets have given to flax and could begin whispering to oats, says analyst Chuck Penner. Canadian flax acreage went from being 80 percent in Manitoba in 1976 to 80 percent in Saskatchewan by 2006. The trend is unlikely to stop at the Alberta-Saskatchewan border. “I submit that […] Read more

Flax traders watch China for price rally

Rising soy prices make flax attractive | Canada unlikely to face any strong competition for crop

Flax traders paid little attention to the production estimate issued by Statistics Canada last week. “It’s all going to depend on demand,” said Grant Fehr, flax and special crops manager for Keystone Grain Ltd. Statistics Canada is forecasting 547,000 tonnes of production based on 995,000 harvested acres. That would be a 48 percent increase over […] Read more