Canada
October 10, 2014
After a record crop in Canada last year, the U.S. is following up with a record canola crop of its own this time around.
According to a USDA crop production report released today, the 2014 American canola crop will amount to 1.14 million tonnes, up 14% from a year earlier and a potential new high.
Much of the credit for this year’s expected larger U.S. crop goes to a bigger seeded and harvested area. U.S. canola planted area, at 1.71 million acres, is up 27% from last year, while harvested area is up 23% at 1.55 million acres. The October yield forecast, at 1,622 lbs/acre (32.4 bu/acre), is 126 pounds below last year’s yield but will be the fourth highest on record, if realized.
The yield in North Dakota, the largest canola-producing state, is forecast at 1,800 lbs/acre (35.9 bu/acre), down 20 pounds from last year’s yield. Planted area in North Dakota is estimated at 1.18 million acres, an increase of 29% from 2013.
This year’s Canadian canola crop is estimated at 14.07 million tonnes, 21.6% below the record 2013 crop of nearly 18 million tonnes.
Source: DePutter Publishing Ltd.
Information contained herein is believed to be accurate but is not guaranteed by the parties providing it. Syngenta, DePutter Publishing Ltd. and their information sources assume no responsibility or liability for any action taken as a result of any information or advice contained in these reports, and any action taken is solely at the liability and responsibility of the user.
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