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1 news: Due to Western Canada to suffer the effects of drought, grain output cut of up to four percent, not only restrict exports , but also lead to barley and other feed grain grid hit a record high, so the mind live pan-Canadian grain exporters transition to import Merchants have turned to import large quantities of corn from neighboring countries in the south, and the amount of US corn imported is expected to hit the highest level in 20 years
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In Alberta, Canada's largest cattle-raising province, the prices of feed barley and wheat have soared by more than 60% over the same period last year
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Jerry Clarkson, an analyst at Resilient Capital in Winnipeg, Manitoba, said that if merchants do not import corn, users can only stare
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He predicts that Canada may import up to 4 million tons of US corn to make up for the supply gap, more than twice the amount imported last year and the highest level since 2001/02
.
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He predicts that Canada may import up to 4 million tons of US corn to make up for the supply gap, more than twice the amount imported last year and the highest level since 2001/02
.
In its November report, the U.
S.
Department of Agriculture predicted that Canada will import 3 million tons of US corn in the 2021/22 season, up from 1.
58 million tons in the previous year
.
S.
Department of Agriculture predicted that Canada will import 3 million tons of US corn in the 2021/22 season, up from 1.
58 million tons in the previous year
.