Chart of the Week

September 28, 2015 Flax Chart, Flax News 0 Comments

The US flax harvest is nearly complete and the size of the crop has been boosted by increased acres and positive yields. The result is that bids have dropped sharply at the crusher and elevator level. Prices are now well below the range seen for the past several years and are back to 2009/10 levels. This shift suggests downward pressure may affect Canadian prices as well.

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