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This year, the western part of Canada experienced record high temperatures in the summer and scarce rainfall, resulting in a significant reduction in Canadian crop yields
.
According to a production model using satellite imagery, Statistics Canada predicts that the rapeseed production in 2021/22 will be 12.
8 million tons, which is about 2 million tons lower than the estimated value on August 30 and a decrease of 34.
4% from last year, a record since 2010.
Due to the drought in the prairie, the yield per unit fell to the lowest level in a decade, only 25.
3 bu/acre, a year-on-year decrease of 39.
5%, which offset the 8.
1% increase in harvested area
.
8 million tons, which is about 2 million tons lower than the estimated value on August 30 and a decrease of 34.
4% from last year, a record since 2010.
Due to the drought in the prairie, the yield per unit fell to the lowest level in a decade, only 25.
3 bu/acre, a year-on-year decrease of 39.
5%, which offset the 8.
1% increase in harvested area
.
After the report was released, ICE's rapeseed futures rose strongly, up 4.
4%
.
4%
.
As of the end of August, the rapeseed harvest in Alberta has reached 26%, which is higher than 10% in the same period last year and more than twice the average progress of 11% in 2016-2020
.
The harvest progress in Saskatchewan is 40%, which is higher than the 28% in the same period last year and the five-year average of 22%
.
Manitoba harvested 35%, higher than the 13% in the same period last year and the five-year average of 28%
.
.
The harvest progress in Saskatchewan is 40%, which is higher than the 28% in the same period last year and the five-year average of 22%
.
Manitoba harvested 35%, higher than the 13% in the same period last year and the five-year average of 28%
.
Statistics Canada lowered the forecast value of all wheat production in Canada to 21.
7 million tons, which was lower than the previous estimate of 22.
9 million tons, which was a decrease of 38.
3% from 2020, as the yield fell to 35.
2 bu/acre, a decrease of 32.
6% year-on-year; harvested area It fell to 22.
7 million acres, a decrease of 8.
5% year-on-year
.
7 million tons, which was lower than the previous estimate of 22.
9 million tons, which was a decrease of 38.
3% from 2020, as the yield fell to 35.
2 bu/acre, a decrease of 32.
6% year-on-year; harvested area It fell to 22.
7 million acres, a decrease of 8.
5% year-on-year
.
The main reason for the decline in wheat production is spring wheat.
In addition to the reduced planting area, the drought in Western Canada has also led to a reduction in spring wheat production
.
Statistics Canada lowered its forecast for spring wheat production from 16.
1 million tons to 15.
3 million tons, a 41% decrease from the previous year and the lowest output since 2007
.
In addition to the reduced planting area, the drought in Western Canada has also led to a reduction in spring wheat production
.
Statistics Canada lowered its forecast for spring wheat production from 16.
1 million tons to 15.
3 million tons, a 41% decrease from the previous year and the lowest output since 2007
.
