Canada's Department of Agriculture expects tighter canola stocks in 2024/25

게시됨 2024년 3월 21일

Tridge 요약

The Agriculture and Agri-Food Canada (AAFC) has revised its projections for Canadian canola production in 2024/25, predicting a decrease to 18.1 million tons. Despite this, rapeseed exports are expected to remain steady at 7.7 million tons, although ending stocks are projected to decrease to 1.65 million tons. Conversely, wheat production is expected to rise to 34.593 million tons, with exports estimated at 24.6 million tons. Durum wheat production and exports are also predicted to increase in 2024/25.
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원본 콘텐츠

Based on Statistics Canada's projected acreage, AAFC lowered Canadian canola production in 2024/25 to 18.1 million tons, down from the 18.365 million tons forecast in February and down from 18.328 million tons in 2023/24. Rapeseed exports are expected to remain unchanged at 7.7 million tons in 2024/25, up from 7 million tons in 2023/24. With domestic use revised only slightly, ending stocks of rapeseed in 2024/25 are expected to tighten to 1.65 million tons, down from the 1.95 million tons forecast in February and down from 2 million tons in 2023/24. Wheat production increased AAFC forecasts all wheat (including durum) production in 2024/25 to be 34.593 million tons, which is 667,000 tons higher than the February forecast and much higher than the 31.954 million tons in 2023/24. Exports in 2024/25 are estimated at 24.6 million tons, compared with 24.35 million tons forecast in February and 23.45 million tons the previous year. It is expected that by the end of July 2025, all wheat ...
출처: Foodmate

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