Strong outlook for grain and canola crops

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Grain production in Canada looks set to rebound strongly in 2022 after a severe drought ravaged last year’s harvest. Statistics Canada published its latest Outlook for Principal Field Crops on August 29, stating that vastly improved growing conditions for most of the Prairies are likely to lead to a much larger crop than was previously expected. The production projections in the latest report are derived from predictive modelling based on field conditions at the end of July.  Canada’s second biggest winter crop is canola, and this season’s production is set for a bounce by more than 46 percent, according to StatsCan. Production is pegged at 18.4Mt, up from just 12.6Mt last harvest, once again restabilising Canada as the world’s biggest producer

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