According to Statistics Canada, Canadian farmers are set to harvest the biggest wheat crop in seven years and slightly less canola. Statscan pegged the all-wheat harvest at 35.7 million tonnes, up from last year’s 32.3 million and slightly exceeding the average trade expectation. Bigger wheat production was driven by a 39% jump in durum output. In contrast, canola production looked set to reach 19.4 million tonnes in the 2020-21 marketing year, smaller than last year’s 19.5 million and below the average trade guess of 20 million tonnes.
