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Flaxseed shipments from Kazakhstan are facing logistical constraints that are affecting prices. Kazakh exports rose 61.7% year on year in September to 100,900 mt, with China the main buyer at 71,800 mt.
Russia's harvest is also smaller than previously estimated.
Tighter Kazakh flaxseed logistics and a smaller Russian crop reduce available linseed supply, which supports linseed meal prices for feed buyers.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.