Canadian Canola Exports Likely to Suffer

Dec 07, 2022

A smaller crop here and a larger one in Australia will likely combine to trim Canadian canola exports in 2022-23, market sources say.

In its November supply-demand estimates, Agriculture Canada forecast Canadian canola exports for the current marketing year at 9.3 million tonnes, up more than 76% from the previous year.

However, the Ag Canada forecast was based on Statistics Canada’s September model-based production forecast of 19.1 million tonnes. Meanwhile, last week’s updated StatsCan production report lowered this year’s crop to 18.17 million tonnes, leaving less supply for exports. Additionally, a record large canola production forecast for Australia means Canadian supplies will see more competition in international markets, which has the potential to trim shipments as well.

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Video: Why Invest in Canada’s Seed Future? | On The Brink: Episode 3

Darcy Unger just invested millions to build a brand-new seed plant on his farm in Stonewall, Manitoba so when it’s time for his sons to take over, they have the tools they need to succeed.

Right now, 95% of the genetics they’ll be growing come from Canadian plant breeders.

That number matters.

When fusarium hit Western Canada in the late 90s, it was Canadian breeders who responded, because they understood Canadian conditions. That ability to react quickly to what’s happening on Canadian farms is exactly what’s at risk when breeding programs lose funding.

For farmers like Darcy, who have made generational investments based on the assumption that better genetics will keep coming, the stakes are direct and personal.

We’re on the brink of decisions that will shape our agricultural future for not only our generation, but also the ones to come.

What direction will we choose?

On The Brink is a year-long video series traveling across Canada to meet the researchers, breeders, farmers, seed companies, and policymakers shaping the future of Canadian plant breeding. Each week, a new story. Each story, a piece of the bigger picture.

Episode 3 is above. Follow Seed World Canada to catch every episode, and tell us: Do you think the next generation will have the tools they need to success when they takeover? How is the future going to look?