Canola exports down 72 per cent through eight weeks

A grain train pulls up alongside a cargo vessel at the Alliance Grain Terminal at Vancouver on Oct. 6, 2011. (File photo: Reuters/Ben Nelms)

MarketsFarm — Canadian canola and wheat exports continue to run well behind the year-ago pace, with movement of all crops down 34 per cent through the first eight weeks of the 2021-22 crop year.

Total exports of all of the major grains, oilseeds and pulses as of Sunday, at 4.714 million tonnes, are down by about 2.4 million from the same time the previous year, according to the latest Canadian Grain Commission report.

Of that total, canola exports-to-date of 464,300 tonnes are 72 per cent behind the 1.656 million tonnes moved during the same timeframe in 2020-21.

Wheat exports of 2.346 million tonnes are running 24 per cent behind the previous year’s pace. However, of that total, durum exports, at 575,700 tonnes, are one of the few crops seeing exports up on the year.

Solid weekly barley exports of 225,200 tonnes brought the year-to-date total to 321,300 tonnes. However, that’s still down by about 21 per cent on the year.

— Phil Franz-Warkentin reports for MarketsFarm from Winnipeg.


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