Canada: Grain and Feed Update

Wheat area rose to its highest level since 2001, at the expense of oats, rye, mixed grains, and lentils. Export volumes of wheat grain year-to-date (August to May) are up 78 percent over the same time last year, and wheat products (in grain equivalent) are up 21 percent. Up until the termination of the Black Sea Grain Initiative, wheat export prices had been declining throughout the marketing year due to a large global wheat supply and relatively fluid global grain trade. Extreme drought conditions persist in southern Alberta, with severe drought stretching to central Alberta. Scattered showers have helped stabilize crop conditions in northern regions of the prairie provinces; however, crop conditions are deteriorating, and more rain is needed.