Grain movement appears much better in the first few weeks of this winter compared to the same point last year.
The Canadian Grain Commission’s combined weekly report for Weeks 21 and 22 of the crop year, which include Christmas and New Year’s, showed that port terminals received almost 1.3 million tonnes of grain and oilseeds this year compared to only 826,200 tonnes in the same period last year.
Terminals exported 1.059 million tonnes in the two weeks, compared to only 599,300 tonnes in the same period last year.
Total exports to date, as tracked by the CGC, are 18.328 million tonnes, up from 16.137 million at the same time last year.
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Part of the reason for the improved exports this crop year is that there was strong movement in August and September, unlike the previous crop year when bins were almost empty going into harvest.
However, it is good to know that winter’s cold and snow are not causing the transportation foul ups that roiled the industry in 2013-14.
Major buyers of Canadian wheat this crop year are Indonesia, Columbia, Bangladesh and Japan.
Italy is the major buyer of durum, followed by Algeria.
Canola exports are going mainly to China, Japan and Mexico.
