Total Canadian grain exports running well ahead of average

Canadian canola exports may be slightly behind the year-ago pace, but wheat movement is very strong and total crop exports to-date are running well ahead of average for this time of year, according to the latest statistics from the Canadian Grain Commission (CGC).

Canada exported 219,800 tonnes of canola during the week ended Nov. 25, according to the CGC weekly report, bringing the 2018/19 crop-year-to-date total to 3.36 million tonnes. That’s only slightly behind the pace in the first four months of the previous crop year and above the five-year average of about 3.02 million.

Meanwhile, Canada has exported 6.02 million tonnes of wheat during the 2018/19 crop year. That’s nearly a million tonnes above the 2017/18 pace and compares with the five-year average of 5.42 million tonnes.

With India out of the export picture, Canada does continue to face some challenges exporting peas. Total pea exports-to-date of 693,000 tonnes compare with 887,200 tonnes in 2017/18. However, other crops are more than making up for the sluggishness in peas, with barley, corn, and soybean exports all well ahead of the year-ago level.

Total exports of all of the major Canadian grains and oilseeds, as of Nov. 25, came in at 15.33 million tonnes, according to the CGC. That compares with 13.99 million in 2017/18 and the previous five-year average of 14.11 million.

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  • ed

    The CWB was mostly dismantled and the remainder of it and the new elevators that were built with Canadian tax payers money during the transition period was given to the Crown Prince’s Saudi Nation for FREE. The price of Red Spring Wheat on the Western Canadian Prairies has ran at about a 40-60% discount to pricing seen as little as ten years ago in 2008 and continues at that 40% discount to this day. Yes, that’s right, on a large part of the Western Canadian Wheat crop it is the Saudis that get to buy it low and flip it for a big profit to the big world of hungry consumers. Who knows what the Saudis are doing with all that money, but we do know that they obviously would want to hustle all that profit making and deeply discounted grain out of here, onto a ship, and into the hands of the waiting buyers with cash. Other companies are also competing to steal as fast as they can to at least get their part of the pie. That is what a fraudulent “free” market is all about. Farmers are 6 years broker now since the 2012 “New Era”, so you are not going to see much fight from them. They fight to discount their price the most and the soonest to get their wheat onto the tracks the soonest and cut their interest costs. Farmers had collective power, and they gave it away for a Political Party that they beleived in, only to have them quickly sell them out to some of their 1% type friends. Pure Capitalism, lieing, cheating and caniving at play, then we just edit and explain it away so the story sounds somewhat logical enough that it might actually be the truth. Bravo for them I guess. It may have been grown and sold at a hugh loss, but at least it is out of here, so we can thank them all for that and do it again next year, right! RIGHT…..

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