Statistics Canada Expects Falling Wheat Production in 2018

Statistics Canada announces a rise in barley and durum production in Canada for 2018 in the forecast released today. For other significant crops, the company expects lower yields and a smaller production volume. Total wheat production could therefore fall by 3.3% from 29.984 million tons to 28.987 million tons. For winter wheat, the company expects a decline of 16.1% to 2.344 million tons. Summer wheat, which plays a significantly larger role in Canada, is expected to decline by 2.7% to 21,559 million tonnes. In 2017, it rose by 7.1%. The expectation of the Canola harvest is also declining. In the past year, 21.328 million tons were harvested, for this year the expectation is 19.162 million tons (-10.2%). For corn maize, the forecast is currently 13.799 million tons. That would be a decrease of 2.2% compared to the previous year.
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