crop production

The much anticipated US Department of Agriculture World Agricultural Supply and Demand estimates took on a bullish tone, especially for corn. In Friday’s WASDE report, the US Department of Agriculture slashed corn yield estimates by 3.8 bushels to 179.3 bushels per acre. The average pre-report trade estimate was 182.7 bushels an acre, indicating global supplies […]

Statistics Canada released model-based projections of production of various crops for each province on Wednesday morning. In Saskatchewan, they expect more canola, durum, lentils, oats, dry peas, and flaxseed to be produced, but less spring wheat, barley, and mustard seed. Production for canola is anticipated to be 10.6 million tonnes this year; spring wheat 11 […]

Statistics Canada boosted 2023 canola and wheat production estimates as crops finished better than expected in part of the Prairies. Crop estimates usually tend to increase in the annual December report, but the numbers for wheat surpassed industry expectations. Timely late summer rains helped revive some crops. StatsCan estimated all-wheat production at 32 million metric […]