Canada To Reduce Grain/Oilseed Output In 2009

Canada will produce less grain and oilseeds for the coming 2009/10 marketing year according to Ag Canada.

They say that production of the eight major grains and oilseeds will decrease to 66.53mmt from 72.635mmt in 2008/09.

All wheat production will drop 12% to 25.09mmt from 28.611mmt, they say.

Canola production will fall almost 10% to 11.40mmt fro 12.643mmt, they add.