# Flax prices finally break long market silence | The Western Producer

> Canadian flax prices rose to C$12.50 per bushel FOB from C$12 the previous week, breaking a stretch of steady to lower prices since January. US elevator prices rose from US$7.70 a year earlier to US$9.90, driven by reduced US acres and drought. Canadian prices are catching up to the US.

- Date: 2017-10-26 · published 2017-10-26T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/68427-flax-prices-finally-break-long-market-silence-the-western-producer
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

Flax is a minor feed ingredient, so the direct impact on feed buyers is small. The rally reflects tighter US supply that could persist.

## Sources

- producer.com: https://www.producer.com/markets/flax-prices-finally-break-long-market-silence/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.