Soy beans

SOYBEAN PRODUCTION TO FALL FOR THE FIRST TIME SINCE 2007 – STATSCAN

on October 10 | in Tek Talk | by | with No Comments

From Statistics Canada’s Production of Principal Field Crops-September 2015

Farmers expect production of wheat, canola and soybeans to be lower in 2015 compared with 2014. Soybean production is anticipated to fall for the first time since 2007. Meanwhile, corn, barley and oats are expected to see an increase in output.

Canadian farmers reported that soybean production could fall 2.0% to 5.9 million tonnes in 2015, following seven consecutive years of record highs. The decrease in production reflects a 2.3% decline in harvested area.

Production in Ontario is expected to decrease 9.1% to 3.4 million tonnes compared with 2014. Declines are anticipated in both harvested area (-4.4%) and average yield (-4.8%). At the time of the survey, harvested area was reported at 2.9 million acres and yield at 43.3 bushels per acre.

Soybean production in Manitoba is reported at 1.3 million tonnes, up 14.0% over 2014 levels. This advance results from an expected 4.8% increase in harvested area to 1.3 million acres and a 9.0% gain in average yield to 35.2 bushels per acre.

Quebec farmers expect output will increase 4.0% to 933 500 tonnes in 2015. This is the result of an anticipated 14.0% gain in average yield to 44.1 bushels per acre, as harvested area is expected to decrease 8.8% to 777,100 acres.

National production of corn for grain is expected to increase 6.2% from 2014 to 12.2 million tonnes in 2015.

In Ontario, farmers expect to harvest 2.0 million acres of corn for grain, up 9.7% from 2014. Consequently, production is expected to increase 7.3% to 8.2 million tonnes.

Quebec farmers expect harvested area of corn for grain to increase 2.8% to 897,000 acres. The average yield is expected to rise 6.4% to 145.3 bushels per acre. As a result, production is anticipated to increase 9.3% to 3.3 million tonnes compared with 2014.

Conversely, in Manitoba, production of corn for grain is expected to be 584 200 tonnes, down 16.1% from 2014. Declines are anticipated in both harvested area (-14.3%) and average yield (-2.1%).

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