Chart of the Week

March 29, 2016 Flax Chart, Flax News 0 Comments

Average flax bids in western Canada had been holding fairly steady through the winter but have started to decline again in recent weeks. Part of the reason is the partial recovery in the Canadian dollar but weaker US and European markets have also weighed on flax. Bids are now approaching the lows last seen in early 2014.

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