Farms.com Home   News

Market Analyst Predicts Lower Wheat Exports

Canadian wheat exports in the 2019-20 crop year could be below expectations.
 
Marlene Boersch with Mercantile Consulting believes we’ll fall short of the 18.5 million tonnes that AAFC is predicting.
 
“If you prorate year to date exports for the whole year we’re only at about 15.5 million tonnes.”
 
She says she finds it difficult to see how we can catch up on the delay’s we’ve had already; those delays include the CN strike in November and the recent rail blockades.
 
CN Rail estimates it lost about 10,000 carloads of capacity, or one-million metric tonnes, due to the February blockades.
 
Boersch believes wheat sales have been and will be lost as a result of the grain movement issues we’ve seen.
Click here to see more...

Trending Video

USDA Feb Crop Report a WIN for Soybeans + 1 Year Trade Truce Extension

Video: USDA Feb Crop Report a WIN for Soybeans + 1 Year Trade Truce Extension


USDA took Trumps comments that China would buy more U.S. soybeans seriously and headline news that the U.S./China trade truce would be extended when Trump/Xi meet in the first week of April was a BIG WIN for soybeans this week! 2026 “Mini” U.S. ethanol boom thanks to 45Z + China’s ban of phosphates from Feb. – August of 2026 will not help lower fertilizer prices anytime soon! 30 mmt of Chinese corn harvest is of poor quality and maybe a technical breakout in wheat futures.

*Apologies! Where we talk about the latest CFTC update as of 10th Feb 2026, managed money funds covered their net short position in canola to the tune of +42,746 week-on-week to flip to net long 145 contracts and not (as we mistakenly said) +90,009 wk/wk to 47,408.