Canada to maintain third-largest wheat exporter status in 2024-25 crop year, set to surpass Australia.

Canada is set to remain the world's third-largest wheat exporter for the 2024-25 crop year, following a strong performance that allowed it to surpass Australia. The U.S. Department of Agriculture (USDA) reports a projected 1.8% rise in crop production and a 0.6% increase in global wheat consumption, driven by demand from North America, the Middle East, and Southeast Asia. Advancements in agricultural research and a favorable exchange rate have contributed to Canada's success.

October 28, 2024
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