Tridge summary
Canada's grain, legumes, and oilseeds exports have seen a 9% decrease in the current season, totaling 35.8 million tons, as reported by the Canadian Grain Commission. The exports of durum wheat, barley, and canola have significantly dropped, while soft wheat exports have seen a slight increase. The US Department of Agriculture predicts a decrease in the export potential of Canadian wheat and barley for the current season, but expects an increase in the harvest and exports for the next season.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
Over the forty-two weeks of the current season, Canada exported 35.8 million tons of grains, legumes and oilseeds, which is 9% less than in the same period last season. This was reported by the Grain On-Line agency with reference to the Canadian Grain Commission (CGC). The export volume of soft wheat reached 17.6 million tons (+9%), durum wheat - 3.0 million tons (-33%), barley - 1.8 million tons (-33%), peas - 1.8 million tons (+11%), canola – 5.2 million tons (-25%). According to forecasts of the US Department of Agriculture, the export potential of soft and hard Canadian wheat in the current season is 24 million tons (-6% compared to last season). In the next season, which begins on August 1, exports could rise to 24.5 million tons due to an expected increase in the harvest from 31.954 million tons to 34.0 million tons. Barley exports from Canada, ...
Source: Zol
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