Stats Canada: Total Wheat Production Slightly Above Expectations

Canola and barley came in below traders’ expectations.

Statistics Canada has released its final 2012 crop production estimates of the year, with its total wheat crop of 27.205 MMT coming in slightly above traders’ expectations of 27.1 MMT. Canola at 13.31 MMT came in below traders’ expectations of 13.7 MMT, with the barley crop at 8.012 MMT coming in well below traders’ expectations of 8.6 MMT.

“Production of wheat at the national level increased from 2011, while canola declined, according to the third and final production estimates for 2012,” states the report. “Both corn and soybean production set record highs nationally. In the West, farmers reported that weather conditions during harvest, such as hail, had an adverse affect on canola yields. In the East, favorable conditions during harvest contributed to higher yields in corn and soybean crops.”

Link to full report.

November estimates of production of principal field crops
2010 (final) 2011 (final) November 2012 (final) 2010 to 2011 2011 to November 2012
thousands of tonnes % change
Total wheat 23 300r 25 288r 27 205 8.5 7.6
Spring wheat 17 529r 18 019r 18 845 2.8 4.6
Durum wheat 3 025 4 172 4 627 37.9 10.9
Winter wheat 2 746r 3 097r 3 733 12.8 20.5
Canola 12 789r 14 608r 13 310 14.2 -8.9
Corn for grain 12 043r 11 359r 13 060 -5.7 15.0
Barley 7 627r 7 892r 8 012 3.5 1.5
Soybeans 4 445r 4 298r 4 930 -3.3 14.7
Dry field peas 3 018 2 502r 2 830 -17.1 13.1
Oats 2 451r 3 158r 2 684 28.8 -15.0
Lentils 1 920r 1 523r 1 473 -20.6 -3.3
Flaxseed 419r 399r 489 -4.7 22.6
Fall rye 237r 241r 337 1.7 39.4
Total dry beans 254r 163r 274 -35.9 68.9


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