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Canada is increasing oilseed exports in 2022/23 MY

Updated Jan 9, 2023
According to analysts from Statistics Canada, in the first five months of the 2022/23 season (August-December), Canada sold over 20.6 million tons of grains, oilseeds and legumes to foreign markets, which is 34.6% higher indicator for the same period of the previous season (15.3 million tons).
In particular, since the beginning of August, 3.5 million tons of canola have been sent abroad against 2.9 million tons in 5 months of 2021/22 MY. Exports of soybeans also increased from 2.3 million tons to 2.5 million tons. Growth dynamics is also noted in relation to the export of main grain crops: for example, supplies of wheat increased by 1.5 times - up to 8.1 million tons compared to 4.9 million tons in the previous MY, barley - up to 1.57 (1.48 ) million tons, corn - up to 563.6 ...
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