Canada: Rapeseed production in 2023 will decrease by 6%, the second lowest in nine years

Foreign media news on August 29: The production report released by Statistics Canada on Tuesday showed that Canadian rapeseed production in 2023 will decrease by 6.1% year-on-year, while soybean production will increase by 2.9% year-on-year. the Due to drought in some areas of the prairie provinces, Canada's rapeseed production in 2023 will be 17.6 million tons, the second lowest level in nine years. Before the report was released, industry analysts on average expected rapeseed production to be 17.4 million tons. the This year's decline in canola production is due to an 8.8% drop in yield to 35.4 bushels per acre, while harvested area is expected to increase 3.0% to 21.9 million acres. the In Saskatchewan, the top rapeseed producing area, rapeseed production in 2023 will be 9.1 million tons, a year-on-year decrease of 6.3%; the yield is expected to decrease by 13.9% to 32.7 bushels per acre; the harvested area will be 12.3 million acres, an increase of 8.7% year-on-year. %. ...