Chart of the Week

September 26, 2016 Flax Chart, Flax News 0 Comments

So far, flax bids in western Canada have remained fairly flat and have avoided the seasonal harvest pressure. The average bid at Saskatchewan elevators is still close to $10.75 per bushel. Meanwhile in the US, prices have declined steadily since July and have now lost $1.00 per bushel from the highs. These lower US prices will make it more difficult to export Canadian flax south of the border.

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