The growth of oil linseed reduces prices on the world market
Global flaxseed prices are falling as growing areas in Canada, the US and Russia increase, increasing competition in the market. The increase in areas is partly due to expectations that EU tariffs on Russian flax will increase to 50% in 2026. The export price of Kazakh flax is $600-610 per tonne (FCA), and on CIF ARAG terms (Amsterdam/Rotterdam/Antwerp/Ghent) prices have fallen by $40 compared to last week, to $750 per tonne for August delivery.
In 2025, Canada expanded its area under linseed from 185,000 ha to 251,000 ha, while in the US it doubled from 75,000 ha to 152,000 ha. In Russia, oilseed flax crops have also increased to 1.7 million hectares compared to 1.67 million hectares last year, and the forecasted harvest could reach 1.6 million tons compared to 1.35 million tons in 2024.
For almost 30 years of expertise in the agri markets, UkrAgroConsult has accumulated an extensive database, which became the basis of the platform AgriSupp.
It is a multi-functional online platform with market intelligence for grains and oilseeds that enables to get access to daily operational information on the Black Sea & Danube markets, analytical reports, historical data.
You are welcome to get a 7-day free demo access!!!
Read also
Official Release – December 17th! Crop & Price Navigator 2026/27
Ukraine’s harvest nears completion: Total grain output exceeds 56 mln tons
Wheat heads for worst week since June on global oversupply
‘Soybean GPT’ lands South Korea’s agriculture ministry in awkward situation
Thailand purchases 65 thsd tons of Argentine feed wheat
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon