Canadian canola export rates are one third behind last season's levels
Canola Seed & Rapeseed
Grains, Cereal & Legumes
Canada
Market & Price Trends
Published Mar 27, 2024
Tridge summary
In the marketing year 2023/24, Canada has experienced a decline in the export volumes of several major agricultural products compared to the previous season. Wheat exports have decreased by 4% to 15.7 million tons, with grain durum exports, a subset of wheat, dropping by 38%. Additionally, barley and corn exports have seen significant reductions of 40% and 42% respectively, while oats exports have remained stable. Canola exports have also decreased by 34%, totaling 3.8 million tons. On a positive note, soybean exports have risen by 7%, reaching 3.2 million tons.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.
Original content
According to the Canadian Grain Commission, as of March 17, Canada has exported 15.7 million tons of wheat since the beginning of MY 2023/24, which is 4% lower than in the corresponding period of the previous season. At the same time, 2.2 million tons of the total volume is grain durum (-38%). As for other crops, exports of Canadian barley during this period are estimated at 1.3 million tons (-40%), corn at 0.6 million ...
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