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

Canada's grain and oilseed exports fell 38%, with significant declines in wheat and canola, despite strong soybean exports, according to the Canadian Grain Commission

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

What to read next
In this article, we’ll look at the impact of US tariffs on the soybean markets as they unfolded and weigh what it could mean for the future.
Soybean futures on the Chicago Mercantile Exchange held broadly steady in the front end of the curve on Thursday May 29, while contracts for farther delivery months faced some downward pressure.
US and European wheat futures rose on Thursday May 29 amid technical buying while market participants shrugged off projections of robust crops in Russia, India and the EU.
Fastmarkets’ Agriculture publishing schedule has been updated accordingly. You can find the publishing schedule here. For more information or to provide feedback on the publishing schedule update, please contact Eduardo Tinti by email at: pricing@fastmarkets.com. Please add the subject heading “Argentina Grains publishing schedule, 2025.” Please indicate if comments are confidential. Fastmarkets will consider all comments received […]
Due to the reduced liquidity in that market linked to the combination of seasonal demand patterns and the implementation of cross-border import tariffs between the US and China, Fastmarkets proposes to assess AG-SYB-0005 Soybean CFR China (US Gulf) $/mt and AG-SYB-0006 Soybean CFR China (US Gulf) Premium c$/bu based on its assessments for AG-SYB-0020 Soybean FOB US Gulf $/mt and AG-SYB-0021 Soybean FOB […]
The US House of Representatives passed its version of the budget reconciliation bill, the so-called “One Big Beautiful Bill Act,” with a number of important changes to the Clean Fuel Production Credit (CFPC) created by Section 45Z of the 2022 Inflation Reduction Act on Thursday May 22.