Canada Markets

Week 35 unloads at the western export terminals of Vancouver, Prince Rupert and Thunder Bay were reported at 603,300 metric tons of the major grains, the largest volume unloaded in nine weeks. A week-over-week increase in wheat, durum and canola unloads contributed to this total. While volumes of wheat and canola unloaded were close to the largest volumes seen in the past nine weeks, the unload of durum increased for the seventh straight week, split between Vancouver and Thunder Bay to boost the weekly volume.

The AG Transport Coalition's Daily Pipeline Status as of April 7 indicates week 36 unloads at the major ports of Vancouver, Thunder Bay and Prince Rupert are 950 cars higher than achieved in the week prior. Week 36 unloads are reported to be roughly 55% higher in Prince Rupert, 35% higher in Thunder Bay and approximately 10% higher in Vancouver.

Cumulative unloads at western terminals as of week 35 for major grains as seen on the attached chart shows the volume reached 23.458 million metric tons in 2018-19, up 6.5% from the same period last crop year and 5.2% higher than the five-year average (2013-14 through 2017-18).

When the unloads of major grains are considered, volumes of wheat, oats and barley are reported higher than any year in the past five years. Unloads of durum and flax are reported at the lowest level seen in any year of the past five. Unloads of both canola and flax are seen to be the lowest reported for this 35-week period in the past four years.

DTN 360 Poll

This week's poll asks if weather forecasts in the U.S. that could lead to a switch from some corn acres to soybeans will have any effect on your planting decisions. You can weigh in with your thoughts on this poll, which is found at the lower right of the DTN Canada Hone Page.

Cliff Jamieson can be reached at cliff.jamieson@dtn.com

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(CZ)

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