The price of Saskatchewan agricultural exports set one different new report in 2021, rising by nearly 7% from the sooner yr.
Provincial ag exports this earlier yr amounted to $17.5 billion, up from the sooner extreme of $16.4 billion in 2020, which itself was 27% over the year-earlier diploma, the federal authorities said in a launch Monday. Canola seed, canola oil, wheat, durum, lentils and dry peas continued be the principle agri-food export commodities in 2021, with the US, China, Japan and Mexico among the many many prime areas.
Agri-food exports represented nearly half of full Saskatchewan exports in 2021, valued at $37.1 billion.
The province exported larger than $2.6 billion in each of its key crop product sectors – cereal grains, oilseeds, pulses and edible oils, the discharge said. In comparability with 2020, canola oil observed an increase of over 50%, with exports to the US rising 72% from $1.1 billion to $1.9 billion. Canola oil to South Korea moreover expert a dramatic enhance, leaping 106% from $71 million to $146 million.
The 2021 report was set no matter challenges that included infrastructure disruptions as a consequence of antagonistic local weather events in British Columbia.