Stats Canada Production Estimates
Stats Canada are out today with revised production estimates, pegging all wheat output this season at 24.58 MMT, 14% down on last season's 28.61 MMT and below trade estimates, although a million tonnes up on last month's projections.
Barley production is also below trade estimates at 9.16 MMT, down 22% on last year's 11.78 MMT. Canola output was towards the low end of trade predictions at 10.27 MMT, 19% down on last year's 12.64 MMT.
Barley production is also below trade estimates at 9.16 MMT, down 22% on last year's 11.78 MMT. Canola output was towards the low end of trade predictions at 10.27 MMT, 19% down on last year's 12.64 MMT.