Canada will export less durum and field peas in 2018/19 than earlier forecast, according to updated supply/demand tables from Agriculture and Agri-Food Canada, released on Nov. 15, 2018. The tables only included minor or no adjustments from the previous month for most crops.
Agriculture Canada’s market analysis branch now forecasts durum exports during the marketing year at 4.300 million tonnes, which would be in line with 4.387 million tonnes exported in 2017/18, but below the October estimate of 4.600 million. Projected pea exports for 2018/19 were lowered by 200,000 tonnes, to 2.600 million. That compares with the 3.086 million tonnes of peas exported the previous crop year.
Read Also
Alberta Crop Report: Rains in the south, dryness in the north
Rain fell onto the southern half of Alberta last week, while hot and dry conditions persisted in the northern half, according to the province’s crop report released on July 18.
Projected ending stocks of both crops were revised higher, with the durum carryout in July 2019 now seen at 1.9 million tonnes and peas at 900,000.
Canola usage and stocks projections were left unchanged.
Total ending stocks of the major grains and oilseeds for 2018/19 were raised to 12.910 million tonnes, from an earlier forecast of 12.545 million. Grain and oilseed ending stocks for the 2017/18 marketing year, which ended July 31, were pegged at 13.904 million tonnes.
Total pulse and special crop ending stocks for 2018/19 are now pegged at 1.975 million tonnes, which compares with the October estimate of 1.760 million and the 2017/18 carryout of 1.663 million tonnes.
November estimates for Canadian 2018/19 (Aug/Jul) and 2017/18 major crops supply and demand. In million metric tonnes.
Source: Agriculture and Agri-Food Canada.
