Chart of the Week

July 26, 2016 Flax Chart, Flax News 0 Comments

There’s been little movement in Canadian flax bids to the farmer since early 2016. Bids have hovered on either side of $11.00 per bushel as the supply and demand situations are well-balanced. Export business in 2015/16 has been slower than the previous year, but farmers have been patient sellers. New-crop bids are slightly stronger, suggesting firmer demand.

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