Canadian canola exports a third behind last season’s level
Canola Seed & Rapeseed
Grains, Cereal & Legumes
Canada
Market & Price Trends
Published Mar 26, 2024
Tridge summary
In the 2023/24 season, Canada's agricultural export landscape has undergone significant changes, with a sharp 34% decrease in canola exports to 3.8 million tons and a 7% increase in soybean exports to 3.2 million tons. Wheat exports also saw a slight reduction of 4% to 15.7 million tons, including a notable 38% drop in grain durum exports to 2.2 million tons. Furthermore, barley and corn exports experienced substantial declines of 40% and 42% respectively, while oats exports remained consistent with the previous year's figures.
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
Canada has shipped about 3.8 million tons of canola to foreign markets since the beginning of the season-2023/24 (through March 17), according to data from the Canadian Grain Commission (CGC). According to experts’ estimates, sales of oilseed declined by 34% over the year – from 5.75 million tons. In addition, experts note that in the current season the country also exported 3.2 million tons of soybeans – 7% more than in the same period last year. Also, according to CGC, Canada in MY 2023/24 sold abroad 15.7 million tons of wheat (-4%), including 2.2 million tons ...
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