Canada: Canola and wheat harvest estimates slip

Published 2024년 9월 18일

Tridge summary

Statistics Canada's latest model-based production estimates report a decline in crop conditions in Western Canada due to hot and dry weather, with revisions in the production forecasts for various crops for the 2024-25 season. Canola production is expected to decrease by 1.1% from the August estimate to 18.98 million tonnes, while wheat production is projected to increase by 4.1% to 34.29 million tonnes, largely due to an increase in durum production. Harvested barley area and crop are forecasted to decrease by 14.3% and 14.7%, respectively, but an increase in oat area is expected to result in a 14.2% increase in oat production. Pea and lentil production are also expected to see increases from the previous year, with pea production up by 21.1% and lentil production up by 44%. Soybean production is forecasted to increase by 3.1%, but corn production is projected to decrease by 1.6%.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Hot and dry weather saw crop conditions decline across much of Western Canada over the past month, with the latest model-based production estimates from Statistics Canada showing downward revisions in both canola and wheat production from the August report. Canadian canola production for 2024-25 was forecast at 18.98 million tonnes in the report released Sept. 16, which compares with the August estimate of 19.5 million tonnes. If realized, that would be down 1.1 per cent on the year but still well above the five-year average of 18.34 million tonnes. Total wheat output was down by only 80,000 tonnes from the August estimate at 34.29 million tones. That marks an increase of 4.1 per cent on the year, with most of the growth coming from durum. Durum production was revised only slightly from August at 6.03 million tonnes, which would be up by nearly two million tonnes from 2023-24. Harvested barley area is forecast to be down by 14.3 per cent on the year, with the crop down by 14.7 per ...

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