Canada reduced canola exports in MY 2023/24

Source:  OleoScope
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According to Canadian Grain Commission estimates, as of May 19, Canada has exported 17.1 million tons of wheat since the beginning of the 2023/24 MY, which is 7% higher than in the corresponding period of the previous season.

At the same time, shipments of durum wheat in the current season significantly decreased compared to last year’s level – by 33%, to 2.9 million tons. Exports of Canadian barley also decreased by 33% to 1.8 million tons.

In addition, this season the country reduced shipments of canola seeds by 26% to 5.1 million tons.

Canada’s total exports of grains, legumes and oilseeds for the 41 weeks of the season-2023/24 is estimated at 35 million tons, which is 10% less than last year.

Translated with DeepL.com (free version)

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