According to the Canadian Grain Commission, weekly exports to June 1 are up by 7.5 million tonnes from last year. The largest rise was in canola.
Tag Archives crop exports
China is top destination as crop exports boom
CGC inspects 12.2 million tonnes of exports in first quarter of current crop year, which is second largest in past 10 years
China remains the largest market for Canadian grains, oilseeds and pulses, according to recent monthly data from the Canadian Grain Commission. The total exports of the five major crops for the first quarter of the crop year totalled 3.39 million tonnes. This is slightly higher than the first quarter of the 2022-23 crop year but […] Read more
Exporters advised to treat smaller markets with respect
Trade diplomat says brushing off prospective customers if higher-paying markets come knocking can create bad blood
Relationships matter. That’s important to understand in the Indo-Pacific region, where there is enormous potential but where customers need to be treated respectfully, according to Canada’s new agricultural trade representative in the region. “Be very careful about going into a market and the expectations that are raised, and not being able to meet those,” said […] Read more
Europe’s crop problems generate market opportunities
While crop production prospects in our nearest competitor, the United States, appear to be great, weather has not been so kind in other parts of the world. The outlook for a huge American crop has weakened grain prices, but the outlook for Canada’s crop exports in 2024-25 will also be affected by harvests in Europe, […] Read more
China may not save canola exports
Asian country goes on buying spree but it might not be enough to meet Canada’s marketing target
SASKATOON — Momentum is finally building in Canada’s canola export program. MarketsFarm analyst Mike Jubinville has heard reports that China recently purchased up to one million tonnes of the crop from a couple of grain companies for delivery in the March through May period. However, he doesn’t think the Asian giant’s spending spree will have […] Read more
Canal drought hits shipping
REUTERS — Bulk grain shippers hauling crops from the U.S. Gulf Coast export hub to Asia are sailing longer routes and paying higher freight costs to avoid vessel congestion and record-high transit fees in the drought-hit Panama Canal, traders and analysts said. The shipping snarl through one of the world’s main maritime trade routes comes […] Read more
