Ottawa, Canada
February 23, 2007
Agriculture and Agri-Food Canada
Bi-weekly bulletin Volume 20 numero 3
Canada is the world’s largest
producer and exporter of flaxseed with annual exports valued at
CAN$150-180
million (M). As a result, market conditions in Canada have a
significant impact on global flaxseed prices. For 2006-2007,
Canadian supply increased by 22% due to large carry-in stocks
and above-average production levels and exports are expected to
increase by 21%. Flaxseed prices in Canada for 2006-2007 are
forecast to average CAN$275 dollars per tonne (/t) in-store
Thunder Bay, similar to 2005-2006. For 2007-2008, flaxseed
production in Canada is projected to fall sharply, but exports
are expected to remain strong as are average flaxseed prices.
This issue of the Bi-weekly Bulletin examines the situation and
outlook for flaxseed.
Full report:
http://www.seedquest.com/News/releases/2007/pdf/18583.pdf
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