Canada: Grain and Feed Update

Canada’s wheat marketing year 2021/22 was defined by drought, fires, atmospheric rivers, and the resilience of Canada’s rail transportation sector. Canadian wheat export volumes are down 37 percent (August to November 2021) from the previous year, though wheat exports by value are 95 percent of the value earned the previous year, due to strong global prices. Though some regions of the prairies have received significant snow cover, lower than normal soil moisture continues to be a concern for farmers in the Canadian prairies.