# Little change in October AAFC supply/demand outlook - MarketsFarm

> Agriculture and Agri-Food Canada's October Outlook for Principal Field Crops left 2023/24 canola and wheat ending stocks unchanged at 1.000 and 3.600 million tonnes. Canadian wheat exports were projected at 21.3 million tonnes, down from 25.666 million in 2022/23. Pulse estimates saw only minor changes.

- Date: 2023-10-24 · published 2023-10-24T12:00:00.000Z
- Category: report · region Canada · magnitude low
- Page: https://feedsoft.ai/events/33621-little-change-in-october-aafc-supply-demand-outlook-marketsfarm
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Unchanged balance sheets confirm the existing supply picture and offer little new price direction. Lower projected wheat exports indicate softer Canadian export demand than last year.

## Read by commodity

- WHEAT: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2019-05-21 | [A Look at AAFC's Supply and Demand Estimates](https://feedsoft.ai/events/59178-a-look-at-aafc-s-supply-and-demand-estimates.md) | -13.2% | -6.0% |
| WHEAT | 2018-10-09 | [Wheat Market Outlook – October 9th, 2018 \| Sask Wheat](https://feedsoft.ai/events/62628-wheat-market-outlook-october-9th-2018-sask-wheat.md) | +8.3% | +4.4% |
| WHEAT | 2023-08-21 | [Little change to mediocre EU crop yield outlook - Joint Research Centre](https://feedsoft.ai/events/34518-little-change-to-mediocre-eu-crop-yield-outlook-joint-research-centre.md) | -2.4% | -3.4% |
| WHEAT | 2025-10-23 | [Analyst insight: First look at 2025/26 UK supply and demand \| AHDB](https://feedsoft.ai/events/22470-analyst-insight-first-look-at-2025-26-uk-supply-and-demand-ahdb.md) | +4.0% | -1.2% |
| WHEAT | 2024-07-23 | [AAFC makes changes in July estimates \| Farmtario](https://feedsoft.ai/events/29210-aafc-makes-changes-in-july-estimates-farmtario.md) | -5.2% | -6.8% |

## Sources

- marketsfarm.com: https://marketsfarm.com/little-change-in-october-aafc-supply-demand-outlook/

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