Market info - Flaxseed
While harvesting has started in Eastern Europe, the farmers are confronted with adverse weather conditions. Market players also report that supplies are nearly sold out.
While drought prevailed in some part of the country in recent months, intermittent rain is now rendering the harvest difficult. Attention in Europe is, by contrast, expected to shift from Kazachstan to Canada, where a bumper crop in good quality will add pressure to the market.