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3% from 245,400 tons in the previous week .
In 2021/22 (August to July) so far, Canada’s exports of common wheat have reached 4.
3 million tons, a decrease of 38% from the 7 million tons in the same period last year .
Durum wheat exports in the week ending December 5 increased to 51,400 tons from 22,200 tons in the previous week
.
The total export volume of durum wheat from August 1 to December 5 was 1.
1 million tons, which was lower than the nearly 2 million tons in the same period last year
.
.
The total export volume of durum wheat from August 1 to December 5 was 1.
1 million tons, which was lower than the nearly 2 million tons in the same period last year
.
In 2020/21, Canada exported a total of 26.
4 million tons of wheat
.
The Canadian Department of Agriculture and Agri-Food (AAFC) forecasts that wheat exports in 2021/22 will be 16.
1 million tons, while the U.
S.
Department of Agriculture estimates that it will be 15 million tons
.
4 million tons of wheat
.
The Canadian Department of Agriculture and Agri-Food (AAFC) forecasts that wheat exports in 2021/22 will be 16.
1 million tons, while the U.
S.
Department of Agriculture estimates that it will be 15 million tons
.
The reason for the sharp decline in Canadian wheat exports this year is that last summer’s weather set a historical record for the driest and hottest on record, leading to a 14-year low in wheat production and tight export supplies
.
.
Canada may harvest 21.
7 million tons of wheat in 2021/22, which is much lower than the 35.
2 million tons in the previous year
.
7 million tons of wheat in 2021/22, which is much lower than the 35.
2 million tons in the previous year
.
On December 10, the FOB price of Canadian West Red Spring Wheat (13.
5% protein) for delivery in the next 30 to 45 days at the port of Vancouver was 414.
38 Canadian dollars/ton, and the offer for delivery in the next 45 days to 60 days was 416.
22 Canadian dollars/ton.
, Both fell by 18 cents/ton
.
5% protein) for delivery in the next 30 to 45 days at the port of Vancouver was 414.
38 Canadian dollars/ton, and the offer for delivery in the next 45 days to 60 days was 416.
22 Canadian dollars/ton.
, Both fell by 18 cents/ton
.
Some traders expect the export volume of high-protein wheat to increase in the coming months because of the tight supply of high-quality wheat in Australia this year
.
Increased exports may help boost wheat prices in the short term
.
.
Increased exports may help boost wheat prices in the short term
.
