# Production rebound in Canada sees exports bounce - Grain Central

> Statistics Canada's final 2022 estimates show Canadian crop production rebounding sharply, and USDA projects Canadian wheat exports rising 73% to 26 million tonnes. Canola exports are forecast up 51% to 8 million tonnes, with canola oil-based renewable diesel now qualifying for US exports.

- Date: 2022-12-06 · published 2022-12-06T12:00:00.000Z
- Category: report · region Canada · magnitude medium
- Page: https://feedsoft.ai/events/38194-production-rebound-in-canada-sees-exports-bounce-grain-central
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Barley](https://feedsoft.ai/c/BARLEY.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

Larger Canadian exports add competition for Australian and other Asian supplies, which pressures wheat, barley and canola prices in export markets.

## Read by commodity

- WHEAT: bearish ▼
- BARLEY: bearish ▼
- CANMEAL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2020-06-16 | [Rebound in grain production lifts wheat forecast to 26.7Mt: ABARES - Grain Central](https://feedsoft.ai/events/52584-rebound-in-grain-production-lifts-wheat-forecast-to-26-7mt-abares-grain-central.md) | +1.5% | -4.7% |
| WHEAT | 2025-04-29 | [EU grain production set to bounce back](https://feedsoft.ai/events/24614-eu-grain-production-set-to-bounce-back.md) | +2.1% | -2.8% |
| WHEAT | 2023-05-09 | [EU on track for new-crop production boost - Grain Central](https://feedsoft.ai/events/35920-eu-on-track-for-new-crop-production-boost-grain-central.md) | -0.5% | -7.7% |
| WHEAT | 2020-06-18 | [Seasonal turnaround drives surge in winter crop production: ABARES - Grain Central](https://feedsoft.ai/events/52532-seasonal-turnaround-drives-surge-in-winter-crop-production-abares-grain-central.md) | +2.0% | -3.8% |
| WHEAT | 2019-05-12 | [Global wheat production set to hit record 777Mt: USDA - Grain Central](https://feedsoft.ai/events/59058-global-wheat-production-set-to-hit-record-777mt-usda-grain-central.md) | -0.4% | +4.7% |

## Sources

- graincentral.com: https://www.graincentral.com/markets/production-rebound-in-canada-sees-exports-bounce/

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