With production problems seen across several of the world s largest wheat exporters, we see that global export demand is forecast to increase in 2021-22 while the share of these exports covered by the eight largest exporters is seen falling.
The Nov. 2 session saw the November 2022 canola contract take out its Oct. 8 contract high to reach a fresh contract high of $755.50/mt. Daily volume was the highest seen over the life of the contract.
The latest week 12 data shows the weekly exports of barley the highest seen so far this crop year, while cumulative exports are ahead of the fast pace of movement seen in 2020-21.