U S wheat intentions exceed expectations | The Western Producer producer.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from producer.com Daily Mail and Mail on Sunday newspapers.
AAFC has increased its wheat export forecast for Canada eight times since January 2022, including each of the past four months. The current pace of movement signals the potential for further upward revisions.
Large wheat exports over recent weeks have boosted cumulative exports through licensed facilities ahead of the five-year average in week 10. Commercial stocks remain above average and may allow for this movement to continue.
The USDA estimates that the EU s biodiesel consumption rose to a record in 2021, while poised to remain flat in 2022. The use of rapeseed oil is to increase slightly in 2022, while its significance in the blend of feedstocks has waned over time.