Flax has its market mojo back – big time.
Not only does it have hungry new buyers, but prices have been enriching for the farmers who stuck with the crop in the post-Triffid years.
But to regain its place on the Prairies, flax will have to continue to be competitive with other crops like canola, corn and soybeans, and for that it needs to yield better. Price times yield minus costs is what the farmer earns, so flax can’t continue to win farmers’ support if it doesn’t start increasing per acre yields, which it hasn’t been doing.
Funding and an announcement here in Winnipeg recently pledged to improve that situation, and I made the video below about the event I attended. (The paper version of this story will appear in Thursday’s paper.)
