Canada: 22.9 Mln Tons Of Grains And Oilseeds Exported Since The Start Of Season

21 Feb, 2017
Canada: 22.9 Mln Tons Of Grains And Oilseeds Exported Since The Start Of Season
22.9 mln tons of grain were exported from Canada during the first 28 weeks of the season which started on August 1, 2017. This is 2% less than the corresponding period of the previous year, CGC reported.

Compared with last year, soft wheat export has dropped to 7.2 mln tons (-19%) while hard wheat export has gone down to 2.3 mln tons (-13%). Rapeseed export has increased to 5.8 mln tons (+9%), soybean export has jumped to 3.3 mln tons (+21%) while peas export has moved up to 2.1 mln tons (+20%).

Agriculture and Agri-Food Canada estimates that Canadian farmers' profit will decrease further in 2017 following a 2-year trend. The decline will reach 13.8 billion Canadian dollars, which marks a 2% decline versus 2016.