# Tighter wheat stocks; reduced Canadian canola exports; cotton consumption down: USDA - Grain Central

> USDA's April Oilseeds report cut Canada's 2018-19 canola export forecast by 1 million tonnes to 10.6 mt due to the China dispute, and noted tightening world wheat stocks. The report said Canada needs a quick resolution with China to reach its forecast.

- Date: 2019-04-09 · published 2019-04-09T12:00:00.000Z
- Category: report · region Global · magnitude medium
- Page: https://feedsoft.ai/events/59690-tighter-wheat-stocks-reduced-canadian-canola-exports-cotton-consumption-down
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Lower Canadian canola exports tighten nothing globally since stocks rise, but the wheat stock tightening is mildly supportive for wheat prices.

## Read by commodity

- WHEAT: bullish ▲
- CANMEAL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2018-05-11 | [Record grain consumption drives stocks down : USDA - Grain Central](https://feedsoft.ai/events/64985-record-grain-consumption-drives-stocks-down-usda-grain-central.md) | -0.6% | +3.1% |
| WHEAT | 2025-08-28 | [Global Wheat Stocks Tighten as U.S. Exports Gain Pace](https://feedsoft.ai/events/23383-global-wheat-stocks-tighten-as-u-s-exports-gain-pace.md) | +0.1% | -0.7% |
| WHEAT | 2020-04-14 | [COVID-19 lifts prices despite big wheat stocks: USDA - Grain Central](https://feedsoft.ai/events/53684-covid-19-lifts-prices-despite-big-wheat-stocks-usda-grain-central.md) | -2.1% | -2.2% |
| WHEAT | 2024-12-10 | [USDA forecasts lower US wheat stocks, raises corn exports in latest WASDE report \| Feed & Grain](https://feedsoft.ai/events/26902-usda-forecasts-lower-us-wheat-stocks-raises-corn-exports-in-latest-wasde-report.md) | -0.2% | -0.5% |
| WHEAT | 2021-08-17 | [USDA slashes global wheat production - Grain Central](https://feedsoft.ai/events/45538-usda-slashes-global-wheat-production-grain-central.md) | +0.1% | +3.4% |

## Sources

- graincentral.com: https://www.graincentral.com/markets/tighter-wheat-stocks-reduced-canadian-canola-exports-cotton-consumption-down-usda/

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