Rain Makes Grain In Canada
Wheat production in Canada this year will amount to 22.659 MMT, say Stats Canada. That's almost a million tonnes above the highest pre-report trade estimate and more than 2 MMT above the USDA.
Stats Canada peg the 2010 rapeseed crop at 10.867 MMT, also towards the upper end of trade expectations despite the disastrous start that the crop got off to.
That's still down almost a million tonnes from last season, but nowhere near as bad as some estimates earlier in the year which were below 10 MMT.
They also pegged the barley crop well above trade estimates at 8.488 MMT, again down on last season's crop of 9.5 MMT but nowhere near as bad as some had feared back in the early summer.
Stats Canada peg the 2010 rapeseed crop at 10.867 MMT, also towards the upper end of trade expectations despite the disastrous start that the crop got off to.
That's still down almost a million tonnes from last season, but nowhere near as bad as some estimates earlier in the year which were below 10 MMT.
They also pegged the barley crop well above trade estimates at 8.488 MMT, again down on last season's crop of 9.5 MMT but nowhere near as bad as some had feared back in the early summer.
