Ottawa, Canada
March 10, 2010

For 2010-11, the areas seeded to durum, wheat, barley and flaxseed, and the summerfallow area, are expected to decrease, while the areas seeded to corn, canola, oats and soybeans increase. Normal precipitation, abandonment and crop quality are assumed. For all crops, yields are expected to decrease to trend levels. Total production and supply of grains and oilseeds in Canada are forecast to decrease slightly to 64.4 million tonnes (Mt) and 81.3 Mt, respectively. Exports are forecast to decrease while total domestic use increases marginally. Carry-out stocks are expected to fall to below the 10 year average. In general, prices are expected to decrease. The main factors to watch are the exchange rate, the condition of the world winter wheat and South American crops, 2010-11 seeding intentions and spring soil moisture conditions.

Full report

Website: http://www.agr.gc.ca

Published: March 23, 2010