Canada’s weekly grain and oilseed exports drop by 38%, led by declines in wheat and canola

Canada’s grain and oilseed exports totaled 877,900 tonnes in the week ended Sunday October 20, a significant decline of 546,900 tonnes, or 38%, from 1.4 million tonnes the week before, according to data from the Canadian Grain Commission released on late Thursday October 24.

Total exports for the marketing year-to-date (since August) reached 9.95 million tonnes, up by 2.07 million tonnes, or 26%, compared with the 7.88 million tonnes shipped during the corresponding period in the previous marketing year.

Wheat exports

The weekly wheat export pace dropped significantly by 357,100 tonnes, or 60%, week-on-week to 233,600 tonnes, bringing total wheat exports in the current marketing year to 3.98 million tonnes. This is 185,700 tonnes, or 4%, below the 4.17 million tonnes exported in the same period in 2023.

Durum wheat exports also fell, decreasing by 89,300 tonnes, or 55%, week-on-week, to 72,200 tonnes. Total exports for the current marketing year totaled 665,000 tonnes, an increase of 139,800 tonnes, or 27%, compared with the 525,200 tonnes exported over the same period last year.

Barley exports

Weekly barley exports saw a slight drop of 5,100 tonnes, or 7%, from 72,500 tonnes to 67,400 tonnes. Year-to-date barley exports reached 493,500 tonnes, a 185,500 tonnes, or 60%, increase over the 308,000 tonnes exported at the same time last year.

Canola exports

Canola (rapeseed) exports experienced a significant decline of 131,800 tonnes, or 34%, week-on-week, to 253,000 tonnes. The cumulative canola exports for the marketing year stood at 2.59 million tonnes, representing a 1.5 million tonnes increase, or 138%, compared to the 1.09 million tonnes exported by this time last year.

Soybean exports

Soybean exports surged by 41,100 tonnes, or 48%, week-on-week, to 127,000 tonnes. Year-to-date soybean exports reached 422,200 tonnes, up by 188,200 tonnes, or 80%, compared with the 234,000 tonnes at the same stage in the previous marketing year.

Corn exports

Lastly, corn exports continued to be absent for the current week, similar to the previous one. The total for the marketing year so far stood at 286,000 tonnes, a 199,200 tonne, or 229% increase, from the 86,800 tonnes exported in the same period last year.

View our grains and oilseeds prices