Durum wheat: Canada exports more but Italy imports less

Published 2024년 11월 22일

Tridge summary

Canadian durum wheat exports have seen a significant increase this season, reaching one million tonnes, which is 43% more than the previous year. Two-thirds of the volume was shipped from Vancouver, with the rest from Thunder Bay. The increased exports are attributed to the Panama Canal returning to normal traffic levels. In November and December, three Panamax-sized vessels are expected to be shipped from Vancouver through the Panama Canal to the port of Bari in southern Italy. Additionally, Turkey has also been exporting durum wheat, with most of it going to Algeria. Italy's imports of durum wheat have also increased due to a poor harvest, with Canada, Greece, and Spain making up for the drop in non-EU imports. Analysts predict that Italy will need to increase its import rates in the coming months.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Canadian durum wheat exports are going very well this season. To date, they have reached one million tonnes, which is 43% more than last year. Two-thirds of the volume was shipped from Vancouver and the rest from Thunder Bay. Canada has benefited from the return to “normal” traffic levels through the Panama Canal. In November and December, three Panamax-sized vessels are expected to be shipped from Vancouver through the Panama Canal to the port of Bari in southern Italy. There was also one Panamax of Canadian durum bound for Algeria that was shipped from Vancouver (via the Panama Canal) in the first week of November, according to some traders. Italy and Algeria have also been the destinations for the 144,600 t of durum wheat that Turkey has exported since the beginning of October (118,400 t to Algeria and the rest mainly to Italy). Between the start of the campaign in July and last October, Italy imported less from third countries than in the same period last year, despite the ...
Source: Agrodigital

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.