Canadian wheat exports rebounded from the previous week's slump, reaching a record level for the given week of the marketing year.
Canadian trading firms exported nearly 547,000t of soft wheat during the week ending 18 January, bringing total exports for the ongoing 2025-26 season (August-July) to just under 10.9mn t, and maintaining the highest reported export pace for the marketing year, according to Canadian Grains Commission data.
The rapid pace lifted wheat exports 12pc above the 9.7mn t reached by the 24th week of the 2024-25 marketing year. Canada wheat exports have averaged 454,000 t/week since the 3 August start of the marketing year data, an unprecedented level. If exports continue at their current pace, Canada could export a cumulative 12.8mn t by mid-February.
Wheat exports for the week ending 18 January were 176,000t above the historical average for the same week in the previous five years. The most recent week's data marks a rebound in Canada's wheat exports , which had slowed in the previous two weeks to an average pace of 250,000t/week, well below the five-year average for the period of 420,000t/week.
