Flax Chart of the Week

April 27, 2015 Flax Chart, Flax News 0 Comments

The StatsCan farmer survey revealed flax planting intentions at 1.63 million acres, a 5% increase from the previous year. This compares to traders’ estimates of 1.5-1.8 million acres. Anecdotal reports had pointed to a larger increase for 2015 acres. The StatsCan number shows seeded area is now back to levels seen prior to the Triffid issue, indicating a solid recovery for the industry.

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