# AAFC supply/demand estimates mostly unchanged | Farmtario

> AAFC's March supply and demand estimates left most Canadian crop projections unchanged, with wheat exports for 2022-23 raised to 24.3 MMT and the canola price forecast lifted to C$890/t for the current year. The new-crop canola price was held at C$850/t.

- Date: 2023-03-22 · published 2023-03-22T12:00:00.000Z
- Category: report · region Canada · magnitude low
- Page: https://feedsoft.ai/events/36827-aafc-supply-demand-estimates-mostly-unchanged-farmtario
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

Higher export projections and a firmer canola price outlook tighten Canadian wheat and canola balances, modestly supporting prices in those markets.

## Read by commodity

- WHEAT: bullish ▲
- CANMEAL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2022-03-25 | [Farming News - AHDB releases its latest 2021/22 UK cereal supply and demand estimates](https://feedsoft.ai/events/42339-farming-news-ahdb-releases-its-latest-2021-22-uk-cereal-supply-and-demand.md) | +1.7% | -9.1% |
| WHEAT | 2023-09-05 | [Australian crop estimates adjusted slightly lower \| Farmtario](https://feedsoft.ai/events/34064-australian-crop-estimates-adjusted-slightly-lower-farmtario.md) | +2.1% | -4.1% |
| WHEAT | 2021-07-12 | [July World Agricultural Supply and Demand Estimates \| The Mighty 790 KFGO \| KFGO](https://feedsoft.ai/events/46020-july-world-agricultural-supply-and-demand-estimates-the-mighty-790-kfgo-kfgo.md) | -0.8% | +0.2% |
| WHEAT | 2021-01-13 | [World Agricultural Supply and Demand Estimates - The Roosevelt Review](https://feedsoft.ai/events/49198-world-agricultural-supply-and-demand-estimates-the-roosevelt-review.md) | +1.4% | -4.7% |
| WHEAT | 2023-03-09 | [World Agricultural Supply and Demand Estimates - The Roosevelt Review](https://feedsoft.ai/events/12652-world-agricultural-supply-and-demand-estimates-the-roosevelt-review.md) | -0.2% | -4.6% |

## Sources

- farmtario.com: https://farmtario.com/daily/aafc-supply-demand-estimates-mostly-unchanged/

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