Glacier FarmMedia | MarketsFarm – There were only small changes to the updated supply/demand estimates from Agriculture and Agri-Food Canada (AAFC) released Nov. 19. All of the other data in the AAFC report were carried over from its October report.
The department bumped up all wheat exports for 2024/25 to 25.70 million tonnes from 25.40 million last month. As well those for durum are now at 4.90 million tonnes, tacking on 100,000 tonnes. AAFC pointed to this year’s wheat and durum exports improving over those from the same time in 2023/24.
Read Also
USDA cuts US corn stocks outlook after raising exports to record high
The U.S. Department of Agriculture lowered its U.S. corn supply forecast in a monthly supply-and-demand report on Friday and raised its outlook for U.S. exports of the grain this season to a record high following a strong pace of overseas shipments.
That led to Canadian all wheat ending stocks for 2024/25 being reduced to 4.60 million tonnes from 4.90 million in October. Durum slipped to 800,000 tonnes from last month’s 900,000.
This is the final AAFC report using Statistic Canada’s principal field crop report from September. StatCan is scheduled to release its next report on Dec. 5 with the AAFC report set for Dec. 19.
November estimates for Canadian major crops supply and demand: in million metric tonnes. Source: Agriculture and Agri-Food Canada.
| Grains and oilseeds | |||||||
| Production | Exports | ||||||
| 2024/25 | 2024/25 | 2023/24 | 2024/25 | 2024/25 | 2023/24 | ||
| Nov | Oct | Nov | Oct | ||||
| All wheat | 34.293 | 34.293 | 32.946 | 25.700 | 25.400 | 25.334 | |
| Durum | 6.033 | 6.033 | 4.087 | 4.900 | 4.800 | 3.558 | |
| Barley | 7.600 | 7.600 | 8.905 | 2.750 | 2.750 | 3.064 | |
| Corn | 15.168 | 15.168 | 15.421 | 2.000 | 2.000 | 1.969 | |
| Oats | 3.017 | 3.017 | 2.643 | 2.150 | 2.150 | 2.377 | |
| Canola | 18.981 | 18.981 | 19.192 | 7.500 | 7.500 | 6.683 | |
| Flaxseed | 0.265 | 0.265 | 0.273 | 0.250 | 0.250 | 0.211 | |
| Soybeans | 7.197 | 7.197 | 6.981 | 5.200 | 5.200 | 4.899 | |
| TOTAL | 87.015 | 87.015 | 86.871 | 45.732 | 45.432 | 44.735 | |
| Domestic Usage | Ending Stocks | ||||||
| 2024/25 | 2024/25 | 2023/24 | 2024/25 | 2024/25 | 2023/24 | ||
| Nov | Oct | Nov | Oct | ||||
| All wheat | 8.734 | 8.734 | 8.715 | 4.600 | 4.900 | 4.615 | |
| Durum | 0.766 | 0.766 | 0.701 | 0.800 | 0.900 | 0.407 | |
| Barley | 5.402 | 5.402 | 5.515 | 0.700 | 0.700 | 1.152 | |
| Corn | 15.564 | 15.564 | 15.872 | 2.100 | 2.100 | 1.996 | |
| Oats | 0.930 | 0.930 | 1.114 | 0.400 | 0.400 | 0.442 | |
| Canola | 12.128 | 12.128 | 11.894 | 2.200 | 2.200 | 2.748 | |
| Flaxseed | 0.090 | 0.090 | 0.127 | 0.100 | 0.100 | 0.164 | |
| Soybeans | 2.460 | 2.460 | 2.227 | 0.550 | 0.550 | 0.563 | |
| TOTAL | 45.627 | 45.627 | 45.793 | 10.735 | 11.850 | 11.772 | |
| Pulse and Special Crops | |||||||
| Production | Exports | ||||||
| 2024/25 | 2024/25 | 2023/24 | 2024/25 | 2024/25 | 2023/24 | ||
| Nov | Oct | Nov | Oct | ||||
| Dry peas | 3.160 | 3.160 | 2.609 | 2.400 | 2.400 | 2.401 | |
| Lentils | 2.593 | 2.593 | 1.801 | 2.100 | 2.100 | 1.674 | |
| Dry beans | 0.352 | 0.352 | 0.339 | 0.355 | 0.355 | 0.408 | |
| Chickpeas | 0.327 | 0.327 | 0.159 | 0.190 | 0.190 | 0.183 | |
| Mustard | 0.211 | 0.211 | 0.171 | 0.110 | 0.110 | 0.096 | |
| Canaryseed | 0.162 | 0.162 | 0.112 | 0.135 | 0.135 | 0.112 | |
| Sunflower | 0.036 | 0.036 | 0.092 | 0.033 | 0.033 | 0.030 | |
| TOTAL | 6.841 | 6.841 | 5.137 | 5.323 | 5.323 | 4.903 | |
| Domestic Usage | Ending Stocks | ||||||
| 2024/25 | 2024/25 | 2023/24 | 2024/25 | 2024/25 | 2023/24 | ||
| Nov | Oct | Nov | Oct | ||||
| Dry peas | 0.639 | 0.639 | 0.586 | 0.450 | 0.450 | 0.299 | |
| Lentils | 0.258 | 0.258 | 0.265 | 0.475 | 0.475 | 0.165 | |
| Dry beans | 0.062 | 0.062 | 0.061 | 0.030 | 0.030 | 0.020 | |
| Chickpeas | 0.087 | 0.087 | 0.087 | 0.125 | 0.125 | 0.030 | |
| Mustard | 0.043 | 0.043 | 0.042 | 0.155 | 0.155 | 0.088 | |
| Canaryseed | 0.011 | 0.011 | 0.013 | 0.060 | 0.060 | 0.044 | |
| Sunflower | 0.068 | 0.068 | 0.066 | 0.145 | 0.145 | 0.175 | |
| TOTAL | 1.168 | 1.168 | 1.120 | 1.440 | 1.440 | 0.821 | |
