Fewer wheat imports are expected due to higher production coupled with fewer export volumes.
Photo courtesy of Adobe stock.
Photo courtesy of Adobe stock.
Canada’s wheat production in 2016-17 was up 15% from 2015-16 at 31.7 million tonnes as stronger yields made up for a 7% drop in harvested area, the report said. Fewer wheat exports are expected in 2016-17 as quality in the major wheat producing provinces of Western Canada was hurt by frost, snow and excess rain delaying the fall harvest. A 5% drop in exports is expected due to both smaller carry-in stocks from 2015-16 and quality issues as a result of the difficult 2016-17 harvest. However, the report is also forecasting fewer imports of wheat in 2016-17 due to higher production coupled with fewer export volumes.
Despite large stores of corn, the FAS forecasts a 22% drop in exports from 2015-16 due to global price competition in 2016-17.
Photo courtesy of Adobe stock.
Photo courtesy of Adobe stock.
Barley production is forecast to increase 7% to 8.78 million tonnes due to higher yields even though area harvested in 2016-17 is expected to be down 6% from last year, the FAS said. Agriculture and Agri-Food Canada (AFFC) reported that the average Canadian barley yield in 2016-17 was 3.95 tonnes per hectare, surpassing the previous record of 3.86 tonnes per hectare in 2013. As a result of increased domestic production, the FAS does not expect to see high import volumes of barley in 2016-17. The FAS forecasts total year exports of Canadian barley in 2016-17 will be up 40% with from 2015- 16.