Insights and Stories on Flax

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

Sep. 24, 2015 at 5:02 pm CDT

CNS Canada –– Canada’s 2015-16 flax crop could be about 30 per cent bigger than last year’s, according to an expert in the industry. “A million tonnes is what they’re talking about for Canada,” said Richard Zacharias, general manager of Prairie Flax Products near Portage la Prairie, Man. While the […]

By Dave Sims

Jun. 11, 2015 at 4:26 pm CDT

CNS Canada –– Spot prices for flax in Western Canada have dropped off in the last couple of days, reacting to expectations of large new-crop production in other parts of the world. “If you look at the main line companies, they’ve gone from C$13 to $14 a bushel, down to […]

By Terryn Shiells

May. 8, 2015 at 7:42 pm CDT

CNS Canada — The relative strength in flaxseed bids, recent uncertainty in other cropping options and a general need to mitigate risk could see a few more acres sway towards the oilseed in Western Canada this spring, according to some market watchers. Statistics Canada recently forecast flaxseed plantings for 2015-16 […]

By Phil Franz-Warkentin

Mar. 19, 2015 at 4:34 pm CDT

CNS Canada –– Canada’s flax prices are still holding strong enough to encourage an acreage increase this spring, despite concerns about slowing demand. Prices have held up even as shipping opportunities have started to slow down, as there’s a standoff between buyers and sellers, and supplies remain tight, said Mike […]

By Terryn Shiells