Canada's grain exports are up by 26% this season

Published 2024년 12월 2일

Tridge summary

Canada has seen a 26% increase in its grain, pulses, and oilseeds exports over the past sixteen weeks, exporting a total of 16.6 million tonnes, as reported by the Canadian Grain Commission. This includes a 1% increase in soft wheat exports, a 53% increase in hard wheat, an 8% increase in barley, a 46% increase in peas, a 43% increase in soybeans, and a 91% increase in canola exports compared to the same period last season. The USDA predicts that Canada could further increase its soft and hard wheat exports by 2% this season, reaching 26.0 million tonnes, due to an anticipated increase in harvest from 32.9 million tonnes to 35.0 million tonnes. Canola export potential is estimated to increase by 9%, reaching 7.35 million tonnes.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Over the sixteen weeks of the current season, Canada exported 16.6 million tonnes of grains, pulses and oilseeds, up 26% from the same period last season, Grain On-Line reported, citing the Canadian Grain Commission (CGC). The volume of soft wheat exports increased to 6.3 million tonnes (up 1% from the same period last season), hard wheat – up to 1.3 million tonnes (up 53%), barley – up to 0.8 million tonnes (up 8%), peas – up to 1.1 million tonnes (up 46%), soybeans – up to 1.9 million tonnes (up 43%), and canola – up to 3.7 million tonnes (up 91%). According to USDA forecasts, Canada could increase soft ...

Source: Zol