Stats Canada Raises Wheat, Barley, Rapeseed Output

Stats Canada have today issued revised estimates for the 2009/10 crop year, increasing production forecasts for wheat, barley and rapeseed.

All wheat production is now seen at 26.515 MMT, nearly 2 MMT up on their last September estimate. Whilst an increase had been widely anticipated, that is a million tonnes more than what was expected, and now falls short of last season's record production of 28.611 MMT by only 7%.

Barley production is seen at 9.517 MMT they say, up from an earlier estimate of 9.164 MMT, and down 19% on last season's 11.781 MMT.

Rapeseed output this season is now pegged at 11.825 MMT, 1.6 MMT up on their previous forecast, although 6% down on last year's 12.642 MMT.

Both the barley and rapeseed numbers are towards the top end of trade estimates which were for 9.16 - 9.60 MMT and 10.50 - 11.80 MT respectively.