Statistics Canada released its crop production report today (Thu).
Canadian farmers are forecast to harvest more canola in 2025/26, while there’s to be less wheat.
StatCan estimated there’s about 19.94 million tonnes of canola to be harvested, 3.6 per cent more than its revised 2024/25 figure of 19.24 million.
The agency pegged all wheat output at nearly 35.55 million tonnes, slipping almost 1.1 per cent from last year’s updated estimate of 35.94 million, but above the five-year average of 32.42 million tonnes.
Among the other major crops, corn for grain was forecast to edge higher 1.4 per cent at 15.55 million tonnes, while barley is to slip 1.9 per cent at 7.99 million.
Also, soybeans were dropped 7.3 per cent at nearly 7.02 million tonnes, oats nudged up a little more than one per cent at over 3.39 million, and lentils were raised 9.2 per cent at about 2.66 million.
