Canola and pea exports from the Port of Vancouver have been extremely heavy and are expected to continue at a good pace through to the end of April, with sales to a variety of locations behind that movement.
“In terms of canola, there are shipments going to multiple destinations including China, Mexico, Pakistan, United Arab Emirates, and Japan to mention just a few,” said Lach Coburn, the West Coast shipping manager for the Canadian wing of Cargill.
Coburn said canola movement from Vancouver was expected to be in the 500,000- to 600,000-tonne area over the next month or two.
“It certainly is encouraging to see this kind of level of exports from Vancouver for both canola and peas,” Coburn said, noting that exporters were getting the focus and attention from Canada’s two main railway companies to help meet the heavy sales program that is currently in place.
The ability to move that much canola and peas from Canada’s West Coast was also linked to the sales programs of other commodities being reduced, he said.
Data from the Canadian Port Clearance Association for the period of April 1 to April 25 showed that 579,068 tonnes of Canadian canola and 176,564 tonnes of Canadian peas would be moved from the Port of Vancouver.
China will likely represent at least a third of all of Canada’s canola exports during 2008-09, said Mike Jubinville, an analyst with the farmer advisory service ProFarmer Canada.
“Canola movement to China will likely be in the 2.25 million-ton range, out of the record seven million tonnes expected to be exported during the 2008-09 season,” Jubinville said.
He forecast that Pakistan was likely to take about 150,000 tons of Canadian canola with 450,000 likely going to the United Arab Emirates.
“But the big three will be China, Japan and Mexico,” Jubinville said. There were also good Canadian canola sales made to the U.S. in 2008-09, but the 1.2 million tons in shipments will be railed, not moved by ship.
He said much of the pea movement from the Port of Vancouver was destined for India, with some also going to Bangladesh.