Canada’s canola exports up 70.3% from last season
Data released by Statistics Canada shows that Canada’s wheat and canola exports have accelerated in week 34 of the 2024/25 fiscal year. Total exports so far in the 2024/25 fiscal year are 6.866 million tonnes, up 70.3 per cent from the previous year and 75.2 per cent from the 2022/23 season.
Canada’s grain and oilseed marketing year (including wheat, durum, barley and canola) runs from August 1 of each year to July 31 of the following year.
According to the USDA Foreign Agricultural Service (FAS), canola production is projected to be 18.46 million tonnes in the 2025/26 season, up from the 17.84 million tonnes expected this season.
Despite a projected reduction in planted area compared with the previous year, Canadian canola is the main driver of overall oilseed production growth in the country, supported by improved soil moisture conditions in Saskatchewan and Alberta and expected yield gains compared with 2024-25. Canola seed exports in 2025/26 are projected to decline to 6.5 million tonnes due to increased domestic crushing capacity.
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