Canada’s grain exports down 10%
During forty-one weeks of the current season Canada exported 35.0 million tons of grains, legumes and oilseeds, which is 10% less than for the same period last season. This is reported by Zerno On-Line agency with reference to the Canadian Grain Commission (CGC).
The volume of soft wheat exports amounted to 17.1 million tons (+7%), durum wheat – 2.9 million tons (-33%), barley – 1.8 million tons (-33%), canola – 5.1 million tons (-26%).
According to U.S. Department of Agriculture forecasts, the export potential of soft and hard Canadian wheat this season is 24 million tons (-6% over last season’s level). Next season, which begins August 1, exports could rise to 24.5 million tons due to an expected increase in the crop from 24.0 million tons to 24.5 million tons.
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