Canadian Wheat Output Seen Declining In 2010/11

Depressed world prices and ample stocks will lead to a reduced acreage this spring, which combined with a return to normal yields, will see Canadian wheat output declining in the coming season to around 24 MMT. That's a 9.4% decrease on the 26.5 MMT produced in 2009/10, say the Canadian Wheat Board.

Barley plantings will also fall by around 5%, although an improvement in yields here should see production maintained, or even improved upon slightly from last season's 9.5 MMT, they say.