Canadian wheat exports show strong growth amid record harvest forecasts

Canadian wheat exports are demonstrating confident growth, a significant development amid forecasts of a record harvest. According to the Canadian Grain Commission, in the first nine weeks of the MY 2025/26 (up to October 5), Canada exported 3.57 million tonnes of wheat, marking a notable achievement for the country’s agricultural sector.

This volume is 413,000 tonnes, or 13%, higher than the same period last year and 16% above the five-year average (2020–2025). The eighth week was particularly impressive, with exports reaching 841,000 tonnes. However, large harvests in Canada and globally are putting downward pressure on prices, creating a pessimistic mood in grain markets, though the oversupply situation is not the worst in history.

In contrast to wheat, canola exports are disappointing, totaling just 796,000 tonnes during the same period, less than half of last year’s 1.951 million tonnes. Import restrictions from China continue to hinder this sector, although this year’s figures are slightly better than those in previous years with similar restrictions.

Despite low prices, the strong start to wheat exports highlights the competitiveness of Canadian farmers. Stable global demand is expected to support further export growth throughout the marketing year.

Tags: export, prices, Canada, wheat, rapeseed