# Canada exports more wheat and less canola during first four months of 2023-24 crop year | Country 600 CJWW

> Canadian wheat exports are on a record pace four months into the crop year, though full-year records are unlikely due to limited supply. Canola seed exports are down, largely from reduced sales to China, while crushing capacity expansion could drive record canola oil output.

- Date: 2023-12-17 · published 2023-12-17T12:00:00.000Z
- Category: trade · region Canada · magnitude low
- Page: https://feedsoft.ai/events/32659-canada-exports-more-wheat-and-less-canola-during-first-four-months-of-2023-24
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

Record wheat exports tighten Canadian supplies, supporting prices, while expanding crush capacity increases meal and oil output that can pressure canola meal values.

## Read by commodity

- WHEAT: bullish ▲
- CANMEAL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2019-01-23 | [Good Market Opportunities For Old Crop Wheat \| Country 600 CJWW](https://feedsoft.ai/events/61145-good-market-opportunities-for-old-crop-wheat-country-600-cjww.md) | -0.3% | -2.7% |
| WHEAT | 2017-10-19 | [U.S. grains: Soy, wheat, corn firm on export demand - AgCanada](https://feedsoft.ai/events/68544-u-s-grains-soy-wheat-corn-firm-on-export-demand-agcanada.md) | +0.2% | -3.0% |
| WHEAT | 2018-07-19 | [Chinese demand boosting Canadian wheat, barley exports - AgCanada](https://feedsoft.ai/events/64042-chinese-demand-boosting-canadian-wheat-barley-exports-agcanada.md) | +3.7% | +2.1% |
| WHEAT | 2021-06-03 | [India 2021-22 wheat exports seen falling 10% on year amid COVID-19 shutdowns: sources](https://feedsoft.ai/events/46516-india-2021-22-wheat-exports-seen-falling-10-on-year-amid-covid-19-shutdowns.md) | +1.3% | -1.4% |
| WHEAT | 2026-08-27 | [Small French wheat, corn crops in 2026-27 cap exports \| Latest Market News](https://feedsoft.ai/events/17840-small-french-wheat-corn-crops-in-2026-27-cap-exports-latest-market-news.md) | +4.0% | +7.1% |

## Sources

- cjwwradio.com: https://www.cjwwradio.com/2023/12/17/canada-exports-more-wheat-and-less-canola-during-first-four-month-of-2023-24-crop-year/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.