Glacier FarmMedia | MarketsFarm — Although Agriculture and Agri-Food Canada made several small revisions to its April supply and demand report compared to the previous month, it did not alter any of its canola numbers.
In the report released on April 17, AAFC’s kept 2024/25 canola exports at 7.500 million tonnes. However, the Canadian Grain Commission reported that day those year-to-date exports reached 7.381 million tonnes with 16 weeks remaining in the marketing year.
Among the slight alterations AAFC included was nudging up all wheat exports by 100,000 tonnes to 26.25 million, as well as corn to 2.400 million and soybeans to 5.600 million. Also, the department trimmed 2024/25 domestic use for corn by 100,000 tonnes at 15.041 million and cut that for soybeans by 200,000 tonnes at 2.265 million.
AAFC eased back 2024/25 all wheat ending stocks by 100,000 tonnes to 4.300 million, and the same for durum at 500,000. Meanwhile, the carryover for soybeans was bumped up 100,000 tonnes at 675,000.
