Canada’s wheat exports down 65% week-over-week at 143k mt

Canada's durum, barley, and canola exports increased week-over-week, while wheat exports observed a decline, with all grains...

Canada’s durum, barley, and canola exports increased week-over-week, while wheat exports observed a decline, with all grains figures down year-over-year, the latest data from the country’s agricultural ministry showed Monday.

Wheat exports from Canada fell 65% in the week to September 5 versus the previous week, with 143,200 mt leaving ports.

Total loadings of wheat during the first five weeks of the 2021/22 marketing year have reached 1.54 million mt, down by 6% from the same period of last year.

Amber durum exports picked up significantly this week with 133,900 mt, compared to last week’s 20,000 mt.

Total durum exports are now at 412,400 mt, down 17% from last year, with this week’s number making up 32% of the that total figure.

Barley exports jumped by over 100% on the week, coming in at 1,300 mt, but leaving total volume since the start of the marketing year at only 4,200 mt, 87% behind last year’s pace.

Canola exports were up for the week at 77,100 mt, compared to 21,200 the previous week.

Total exports to date at 282,900 mt are behind the year-over-year figure of 867,400 mt.

What to read next
Australian wheat exports picked up by 19% in July after a drop in June, led by significantly increased shipments into Indonesia and Yemen, while barley and canola flow dropped, according to monthly data from the Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES), published on Friday September 6.
French soft wheat conditions declined by 1 percentage point in the week to August 12, according to a weekly report released by farm agency FranceAgriMer on Friday August 16.
Sales of Argentine soybeans and corn rose for the 2024/25 marketing year but fell for 2023/24 in the week to July 31, while wheat sales increased week on week across both crop years, according to data released by Argentina’s agriculture secretariat on Wednesday August 7.
Speculators increased short positions in the US soybean market, driving the net short position close to a record high, while managed money investors reduced short positions in the corn market.
Russia’s wheat export volumes from Black Sea ports were stable in the week ended Friday, July 26 compared with the previous week, at 574,653 tonnes, a Fastmarkets analysis of port line-up data showed.
In the 2023/24 marketing year, Russian wheat exports surpassed 55.4 million tonnes, driven by increased harvests and competitive prices, although restrained by government-mandated floor prices and shifting dynamics among exporters.