EN UK RU

+38 (044) 364-55-85

Регистрация

one-news

Ukraine: winter rape giving a chance to oil flax

person

Author:

Svetlana Kupreeva

UkrAgroConsult

Analyst

2019/20 marked by abysmal lows: planted area of oil flax at 16.1 Th ha (-50% from MY 2018/19, the smallest since MY 2005/06). The linseed crop at 15.1 KMT (-36% from MY 2018/19, the smallest since MY 2008/09), UkrAgroConsult reports.

Oil flax (linseed) is an export oriented crop, with 67% of its production in MY 2019/20 shipped to foreign markets. Export potential of the linseed market in MY 2019/20 is the lowest since MY 2008/09.

Linseed production depends on winter survival by winter rape. Taking into account this year’s winter rape losses at 15%, flax plantings can be expected to expand.

In case of yield at the five-year average, the linseed crop will increase considerably.

Export potential of linseed and linseed oil will almost double, but its realization will traditionally depend on demand from EU countries and China.

More information is available to subscribers for Online Analytics “Black Sea Vegoils” in the new innovative platform AgriSupp by UkrAgroConsult. Agrisupp is a reliable analytical tool for agri market participants with historical and current market data, daily updates on grain, oilseed and pulses markets. 

Subscribe to a 7-day free trial!!

Start using analytical data and increase your efficiency now!

Register to get your demo access. http://agrisupp.com/en/register/1

 

UkrAgroConsult

 

Share in social media:

More market news:

If you have any questions, please contact us:

Leave us a message, and our manager
will contact you as soon as possible.