Canada’s 2024 Wheat Crop Report: Growth and Quality Insights
Cereals Canada recently published its annual New Wheat Crop Report for 2024, showcasing an optimistic outlook for both domestic and international markets. This report is crucial for customers relying on Canadian wheat, especially as exports are projected to exceed 25 million tonnes this year.
Increased Production and Quality
With the 2024 crop year demonstrating a remarkable yield, Canada anticipates producing approximately 34.3 million tonnes of high-quality wheat. This figure represents a four percent increase compared to last year and an impressive eight percent above the average yield expectation. The growth is primarily attributed to favorable weather conditions, particularly the ample precipitation in Western Canada at the start of the season.
Cereals Canada’s CEO, Dean Dias, highlighted that the 2024 harvest will ensure Canada maintains its position as the world’s third-largest exporter of wheat, while also emphasizing its status as the leading supplier of high-quality, high-protein wheat for the second consecutive year. Dia stressed,
“This year's crop exemplifies the quality and protein content that global customers expect from Canadian wheat.”
Quality Grades of the Wheat
The 2024 wheat harvest presents an excellent grading composition, with a significant portion of the crop meeting or exceeding No. 2 quality standards. Here's a breakdown of the various wheat classes:
- - CWRS (Canada Western Red Spring): This wheat class showcased average protein content, with a high proportion grading No. 1 or No. 2.
- - CWAD (Canada Western Amber Durum): Notably, a large segment of CWAD graded No. 1 or No. 2 and exhibited average to above-average protein levels.
- - CPSR (Canada Prairie Spring Red): Similar to CWRS, the CPSR group maintained average protein content with a substantial percentage grading at top standards.
- - CESRW (Canada Eastern Soft Red Winter): While a high percentage graded No. 1 or No. 2, this class had slightly lower-than-average protein content.
International Engagement and Missions
In conjunction with the release of the wheat crop report, Cereals Canada is organizing two webinars on November 19 and 20 to present technical data related to the 2024 wheat crop. Following these sessions, a delegation will embark on international trade and technical missions to engage with 18 markets, all of which imported Canadian wheat worth $8.6 billion in 2023. These missions are designed to not only bolster the competitiveness of the Canadian cereals industry but also to foster stronger relationships and advocate for Canadian cereal products worldwide.
Dias remarked,
“Our targeted international engagement significantly contributes to building advocates for our industry and initiating vital market access discussions.”
How It Affects Stakeholders
The New Wheat Crop Report is a collaborative effort that includes participation from the Canadian Grain Commission, provincial grower commissions, and value chain members. This year, Cereals Canada received over 115 samples of Western Canadian wheat for analysis, with additional contributions from the Grain Farmers of Ontario assessing Eastern Canada's winter wheat for the report.
The findings from this year's report not only inform stakeholders of the current quality and quantity of Canadian wheat but further solidify Canada's reputation in the global market as a source of dependable, high-quality wheat products. For those interested in detailed insights about Canada's 2024 New Wheat Crop, the report is available for download at
Cereals Canada.
Conclusion
As Canada gears up for another successful wheat export year, the 2024 New Wheat Crop Report serves as a testament to the country's agricultural expertise and commitment to producing top-notch cereal grains. Stakeholders and consumers alike can look forward to what promises to be a prosperous year for Canadian wheat in the global market.