Saskatchewan’s agri-food exports are expected to rise to $6 billion in the first quarter of 2023, representing a 75% increase from the previous year. This increase demonstrates our dedication to ensuring global food security and consolidates Saskatchewan’s position as a major player in agricultural trade.
Driving Saskatchewan trades keep on being canola oil, canola seed, non-durum wheat, durum and lentils.
Agriculture Minister David Marit stated, “The strength and resilience of our agri-food sector is demonstrated by increased export numbers.” Exchange measurements like these support Saskatchewan’s manageability story universally, showing worldwide financial backers that Saskatchewan makers are in a fantastic situation to take care of this present reality and later on.”
High agri-food costs, at times by as much as 100% comparative with 2021, and expanded supply are fuelling the development in send out volume and an incentive for the initial three months in 2023. Saskatchewan’s crop production increased after the drought of 2021, doubling the volume of Saskatchewan exports in the first three months of 2023.
The numbers for exports start strong in 2022, when Saskatchewan exported a record amount of agri-food products worth $18.5 billion. According to Saskatchewan’s Growth Plan, the sector is well on its way to increasing Saskatchewan’s agri-food exports to $20 billion by 2030. The numbers show this.
Saskatchewan continues to support the province’s agri-food sector’s expansion and development. By putting resources into innovative work, encouraging organizations all over the planet and advancing exchange open doors, Saskatchewan expects to additional improve its worldwide market presence and support its standing as a dependable provider of great farming items.