StatCan forecasts a decrease in wheat, barley, and soybean yields, and an increase in canola and corn yields in Canada by 2025 compared to last year.

Statistics Canada (StatCan) in a report from August 28 updated its forecasts for the production of major crops in the 2025/26 MY according to the latest yield estimates, conducted using satellite imagery and agroclimatic data. It is forecast that in 2025 the production of canola, corn for grain, oats, and lentils will increase, while spring wheat, durum wheat, soybeans, and barley will decrease compared to 2024. It is expected that in Canada, compared to last year, production will decrease: Meanwhile, an increase in production of the following crops is forecast: The report surprised the market with a sharp increase in the canola yield forecast, although analysts ...