Flax Bull Market?

[biglentil]

Demand world wide for its omega 3 and glutten free properties is exploding. But crops here took the June drought especially hard. I think its fair to say yields plain ole sucked for most. On top of that a fair bit rolled itself into beaver huts. The market doesn't have a sniff yet that supply is not going to meet demand. Its not worth growing for $12 bucks imo.

[boarderbloke]

I agree, less than $12, I won't be planting.
Re Triffid testing, didn't plant any this past spring, but thinking I remember hearing something about NOT having to test for Triffid anymore. Am I remembering that right? No test for seed(farmer kept seed), and no test in the fall on production???

[SASKFARMER3]

So why are all the companies down at $11. now.

[farming101]

My guess is China hasn't stepped up yet.
Also as of week 10 there was 50,000 tonnes in primary elevators, plenty for right now.

[Guest]

I think you have to test for triffid , that little added expense for farmers incurred by someone else will probably never go away . richardson was taking some without for Chinese markets as far as I know . $12 is our bottom also . have some priced for $13 and a bit above $13 and that's what it will take to get the rest, plus storage

[riders2010]

Flax was the only decent crop here yields around 30. And lots of acres.

[farmaholic]

If I remember correctly, a terminal manager told me no test is required for U.S. or China but Europe still requires a test. I'm not sure about other destinations. Apparently the positive test results have fallen dramatically. The Flax Council probably has better answers....maybe.

[newguy]

Late flax yielded very good before the wind.Lots seeded.when I started combining and seen the yield phoned in and took a 12.50 contract.They told me where it will be going no tiffid test required unless things change.

[tweety]

Which would you rather grow 30 bu of 12$ flax or 60 bu of 6$ wheat or 103 bu of 3.50$ barley?

Which is more likely to occur?

[biglentil]

30 bushels of $21 red lentils or 45 bushels of $10.50 canola, flax went 20, wheat went 60.

Flax a pain in arse for weed control and to harvest