# China top destination for Canadian wheat through two months - AgCanada

> China was the top destination for Canadian wheat in the first two months of the 2022/23 marketing year, taking 534,000 tonnes in August and September, about 20 per cent of Canada's wheat exports to date. China was also the leading buyer of Canadian barley and peas, taking 78 per cent of barley exports and 67 per cent of peas. Canadian canola shipments to China were slightly behind the prior year's pace.

- Date: 2022-11-04 · published 2022-11-04T12:00:00.000Z
- Category: trade · region China · magnitude low
- Page: https://feedsoft.ai/events/38668-china-top-destination-for-canadian-wheat-through-two-months-agcanada
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

Strong Chinese purchases of Canadian wheat and barley support export demand and prices for those grains. Concentrated demand from China leaves exporters exposed if Chinese buying slows.

## Read by commodity

- WHEAT: bullish ▲
- BARLEY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 2020-03-23 | [U.S. grains: Wheat jumps to one-month top - AgCanada](https://feedsoft.ai/events/6172-u-s-grains-wheat-jumps-to-one-month-top-agcanada.md) | -6.6% | -4.4% |
| WHEAT | 2019-08-31 | [Even as Beijing shuns Canada's canola, Canadian wheat sales to China soar \| CBC News](https://feedsoft.ai/events/57707-even-as-beijing-shuns-canada-s-canola-canadian-wheat-sales-to-china-soar-cbc.md) | -2.3% | +1.7% |
| WHEAT | 2023-03-29 | [U.S. grains: Wheat up on Cargill's Russia decision - AgCanada](https://feedsoft.ai/events/5080-u-s-grains-wheat-up-on-cargill-s-russia-decision-agcanada.md) | -10.7% | -14.2% |
| WHEAT | 2017-05-17 | [China the hero market for Australian barley and wheat - Grain Central](https://feedsoft.ai/events/71077-china-the-hero-market-for-australian-barley-and-wheat-grain-central.md) | +3.0% | +2.1% |

## Sources

- agcanada.com: https://www.agcanada.com/daily/china-top-destination-for-canadian-wheat-through-two-months

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