Marketsfarm – Statistics Canada (StatCan) released its June oilseed crush and grain delivery statistics, showing a small decline for the former, but a large gain for the latter from the month before.
Oilseed processors in Canada crushed 772,345 tonnes of canola last month, as well as 139,164 tonnes of soybeans for the month of June for a total of 911,509 tonnes of oilseed crush, a decrease of 3,425 tonnes from May and an increase of 114,896 from June 2022.
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The canola crush was a slight increase from the 769,942 tonnes processed in May, with 323,308 tonnes used for oil and 457,628 used for meal. In June 2022, 660,215 tonnes of canola seed were crushed. For soybeans, the June crush was slightly below May’s, which had 144,992 tonnes. In June, 26,409 tonnes of soyoil were produced, as well as 110,017 tonnes of soymeal. In June 2022, 136,698 tonnes of soybeans were crushed.
Canadian grain deliveries in June reached a three-month high of 4.203 million tonnes, an increase of 1.113 million from May and 1.303 million from June 2022. Most of the deliveries came from wheat, which totalled 2.363 million tonnes, an increase of 784,000 from May. From the June wheat total, 365,256 tonnes were durum, compared to the 198,210 tonnes delivered in May.
Canola deliveries also increased by 321,773 tonnes in June from the previous month to 1.328 million, while oat deliveries gained more than 64,721 tonnes to 297,979. Rye deliveries added 2,931 tonnes to the June total at 14,506, while 30,783 tonnes of flaxseed were also delivered in June, 9,283 more than in May. However, barley deliveries declined by 69,325 tonnes from May to June to 169,468.
