Insights and Stories on Flax Prices

Jul. 11, 2016 at 5:35 pm CDT

CNS Canada — Producers are assessing the effects of weekend rains that soaked flax crops in Western Canada, while prices have ticked up slightly as data reflects shrinking acres. Flax fields in western Manitoba saw thunderstorms and powerful winds, which knocked out power in some areas of the province during […]

By Jade Markus

May. 13, 2016 at 1:16 pm CDT

CNS Canada — After losing ground to pulses this year, a flax industry group is working on ways to be competitive going forward. “It’s the year of the pulses, and certainly growers are taking advantage of good prices for pulses,” said Don Kerr, president at the Flax Council of Canada, […]

By Jade Markus

Apr. 21, 2016 at 4:50 pm CDT

CNS Canada — Canada’s flax acres are expected to fall about a third from last year’s levels, according to Statistics Canada data. One market participant says weaker prices have influenced farmers, while another says smaller crops are often overlooked during surveys. StatsCan estimates flax’s seeded area at about 1.1 million acres, […]

By Jade Markus

Feb. 2, 2016 at 2:38 pm CST

CNS Canada — While area seeded to flax in Canada has been increasing over the past four years, that upward momentum may halt in 2016-17. Flax’s cost of production is higher than many of its rivals and the growing lustre of pulse crops could cut into some acres, according to […]

By Dave Sims

Jan. 11, 2016 at 5:41 pm CST

CNS Canada –– Foreign demand has picked up in the flax market, according to a grain brokerage firm — and despite increased competition, Canadian prices have seen a slight uptick as limited quality flax is available. Old-crop flax prices have increased slightly since harvest, as farmers have been firm on […]

By Jade Markus