Statistics Canada September Export Statistics
Canary seed exports were reported at 7,774 mt, which is the lowest monthly volume shipped since October 2016. Cumulative exports are down 17.7% from the same week of the previous crop year, so that AAFC forecasts a 20.9% drop in exports of canary seeds. . At 16,814 mt, cumulative exports are well ahead of the sustained pace needed to reach this forecast.
Flax exports totaled 11,819 mt in September, the lowest monthly volume shipped in 12 months. For the fourth consecutive month, the largest share was shipped to the United States, with 78% of the volume shipped to the United States in September. Exports in the first two months are down 56.3% from the same period of the previous crop year and 62.9% from the five-year average. The current pace of exports is lower than the sustained pace needed to meet AAFC’s current forecast of 375,000 mt, which is a 27.7% drop from the volume exported in 2020-2021.
September soybean exports totaled 104,557 mt, the smallest monthly volume shipped since April 2019. While not a substantial volume, the largest share was shipped to China, totaling 29 112 mt or 27.8% of the total. After just one month of the 2021-22 row crop year, exports are down almost 50% from last year and 36.7% below the five-year average. Current exports are well below the pace needed to reach the current export forecast of 4 mmt, with exports forecast down 11.5% from crop year 2020-22.
Corn exports in September totaled 58,383 mt, the highest volume shipped in September in three years. The largest share, or 60% of this volume, was shipped to Portugal, while the second largest volume was shipped to the United States. This month’s exports are up 148% from the same month in 2020 and 30% above the five-year average. The current pace of exports is well below the volume needed this month to stay on track and meet the current export forecast of 1.4mmt.
September corn imports were reported at 166,264 mt, the highest volume imported since September 2020. AAFC’s current forecast indicates imports of 3 mmt, up 100% from the previous crop year. The 1.5 mmt increase in the maize import forecast offsets a 1.1 mmt decrease in the barley forecast and 372,000 mt in the wheat forecast found in the feed, crop estimate. garbage and impurities on AAFC tables.
Canada exported 366,044 mt of barley in September, the highest volume shipped in four months, of which 97% was destined for China. This month’s barley exports were only 1% lower than the volume shipped in 2020 over the same period, while still being 103% above the five-year average. After just one month, exports represent 18.4% of the current forecast of 2,050 mmt (grain and barley product exports), well ahead of the pace needed to reach this forecast.
September oat exports totaled 169,071 mt, the highest monthly volume shipped in nine months. Cumulative exports of 336,863 mt are down 15.6% from the same month in 2020, and down 4.8% from the five-year average. Current exports represent 18.7% of the current export forecast of 1.8 mmt, which includes exports of cereals and cereal products, well ahead of the pace needed to reach this forecast. AAFC currently forecasts that 2021-2022 oat exports (including commodities) will fall by 38.5%.
Canola oil exports totaled 202,042 mt in September, up from the previous month. Cumulative exports of 395,090 mt are down 25% from the previous year and 25% below the three-year average.
Canola meal exports reached 361,914 mt in September, down slightly from the previous month. In the first two months of the crop year, 726,768 mt of canola meal were exported, down 4.5% from the same period in 2020-2021 and 6% below the three-year average. years.
Ethanol imports in September totaled 132 million liters, the largest monthly imports since September 2018. In the first nine months of this calendar year, imports of 903 million liters are up 3.3% compared to the same period in 2020, while 2.5% below the three year average.
Cliff Jamieson can be reached at [email protected]
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