Chart of the Week

March 15, 2016 Flax Chart, Flax News 0 Comments

While movement of flax has improved the past two weeks, 2015/16 exports are expected to be below last year. This slower pace together with the larger 2015 crop means ending stocks will grow considerably by the end of this marketing year. These heavy stocks will also carry over into next year’s market and mean a boost to 2016/17 supplies, even if the 2016 crop is smaller.

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