News section
home news forum careers events suppliers solutions markets resources directories advertise contacts search site plan
 
.
Canada: Grains and oilseeds outlook + Pulses and special crops outlook

.

Ottawa, Canada
March 6, 2009

Source: Agriculture and Agri-Food Canada (AAFC)

Grains and oilseeds outlook

For 2009-10, the area seeded to wheat, durum and oats is expected to decline while the area seeded to corn, canola, flaxseed and soybeans rises. The areas for barley, rye and summerfallow are expected to be relatively unchanged from 2008. The outlook assumes normal precipitation, abandonment and quality and that average yields will decrease to the trend level. Total production is forecast to decrease by 10%, to 65.2 Mt but total supply is expected to decline only slightly due to higher carry-in stocks. Total usage is forecast to fall due to lower exports and slightly lower domestic use and exceed production. Carry-out stocks are forecast to fall to near the 10 year average with prices expected to be slightly lower. The main factors to watch are: the impact of the world economic slowdown on commodity and input prices, dryness in the southern US, Argentina and China, exchange rates and North American seeding conditions.

Full report: http://www.seedquest.com/News/releases/2009/pdf/25374g.pdf


Pulses and special crops outlook
(dry peas, lentils, dry beans, chick peas, mustard seed, canary seed, sunflower seed, buckwheat)

For 2009-10, total area seeded to P&SC in Canada is forecast to be relatively unchanged from 2008-09, with decreased area for dry peas and dry beans, and increases for chickpeas, lentils, mustard seed, canary seed and sunflower seed. Average yields are generally expected to decrease from 2008 and trend yields are assumed for both western and eastern Canada. Total production in Canada is forecast to fall by 5% to 5.0 million tonnes (Mt). However, total supply is expected to rise by 5% to 6.2 Mt, as large carry-in stocks more than offset the fall in production. Exports, domestic use and carry-out stocks are forecast to rise slightly due to the higher supply. Average prices are generally forecast to fall but remain unchanged for chickpeas and canary seed. The main factors to watch are: commodity prices, input costs, the Canada-US dollar exchange rate, the severity of the world recession and planting progress in major producing regions, especially the Indian subcontinent, United States, European Union, Australia and the Middle East.

Full report: http://www.seedquest.com/News/releases/2009/pdf/25374p.pdf

 

 

 

 

The news item on this page is copyright by the organization where it originated - Fair use notice

Other news from this source


Copyright © SeedQuest - All rights reserved