Markets

Australia exports 104,564t canola in Sept

Liz Wells, November 19, 2021

Harvesting Pioneer hybrid canola 43Y23RR at Daybreak Cropping’s Bodallin Farms in WA’s eastern wheatbelt. Photo: Rob Bagley, Horizon Ag Service

AUSTRALIA exported 104,564 tonnes of canola in September, up 13 per cent from the August total of 92,138t, according to the latest export data from the Australian Bureau of Statistics (ABS).

Japan on 91,176t was the biggest market by far, with Nepal on 5846t and Malaysia on 5376t the second and third-biggest destinations respectively.

Canada’s drought-reduced 2021-22 crop has left its regular buyers screaming out for volume, with Japan a case in point.

In September last year, Australia shipped 11,893t to Japan, or 11pc of the September 21 total.

While Japan is a long-term and loyal customer for Australian seed, it normally sources volume supplies from Canada year round.

However, Canadian exports of canola to Japan in September were 71,521t, less than half the long-term monthly average.

Western Australia has already started exporting new-crop canola, and the first cargo for the season ex New South Wales is due to start loading later this month.

July August September Tonnes
Bangladesh 210 210 1004 1424
Indonesia 0 0 120 120
Japan 39404 32099 91176 162679
Malaysia 3933 4734 5376 14042
Nepal 13488 10095 5846 29429
New Zealand 492 0 487 979
Pakistan 125 0 0 125
South Korea 244 0 556 800
UAE 51194 45000 0 96194
TOTAL 109090 92138 104564 305792

Table 1: Australian canola exports for July, August and September 2021. Source: ABS

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