Thoughts after Chuck Penner presentation.
Lots of positives in flax right now as Canadian big yield was more than offset by lower acres, problems in US and Khazakstan and the reemergence of EU demand and China emergence as a not so price sensitive buyer. There is room for 35% more acres but talk of 50% is on the line and Bean Meal supply will ramp up as SA crop comes off. Flax growers should look at this crop but hobby guys should probably steer clear.
Much more on all these crop show ‘winds’ coming in Rotation Rater in February.