SOYBEAN PRODUCTION FORECAST TO DECREASE-STATSCAN

SOYBEAN PRODUCTION FORECAST TO DECREASE-STATSCAN

on September 1 | in Tek Talk | by | with No Comments

From Statistics Canada, the Daily

For the first time since 2007, national soybean production is expected to decrease in 2015. Anticipated production was reported at 5.9 million tonnes, down 3.2% from 2014.

In Ontario, soybean production is anticipated to decrease 10.0% to 3.4 million tonnes in 2015, down from the 2014 record high of 3.8 million tonnes. Both harvested area (-4.6%) and average yield (-5.7%) are expected to decline to 2.9 million acres and 42.9 bushels per acre respectively.

In Manitoba, soybean production in 2015 is anticipated to reach a record high of 1.2 million tonnes, up 12.3% from 2014. A combination of increases in harvested area (+4.8% to 1.3 million acres) and yield (+7.1% to 34.6 bushels per acre) would be behind the gain.

Quebec farmers expect a 3.0% increase in soybean production to a record high 925 000 tonnes. They reported a 13.2% increase in average yield to 43.8 bushels per acre, while the harvested area is expected to decrease 9.0% to 775,900 acres.

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