MarketsFarm – China was the main destination for Canadian wheat through the first two months of the 2022/23 (Aug/Jul) marketing year, according to the latest trade data from Statistics Canada.
Canada exported 534,000 tonnes of wheat to China in August and September, accounting for about 20 per cent of Canada’s total wheat exports-to-date. Japan, Bangladesh and the United States were other major importers during the time period.
Canada Western Hard Red Spring (CWRS) wheat accounted for all the Chinese demand.
The wheat exports to China through two months was roughly double what moved to the country during the same time the previous year, when China was only the sixth-largest wheat destination two months into the marketing year. Total Canadian wheat exports to China in 2021/22 came in at just under 700,000 tonnes.
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China was also the top importer of Canadian barley and peas through September 2022, taking about 290,000 tonnes of barley and 360,000 tonnes of peas. That accounted for 78 per cent and 67 per cent of the respective totals.
China has imported about 125,000 tonnes of Canadian canola during the crop-year-to-date, which accounts for about 34 per cent of the total exports and was just slightly off the previous year’s pace.
