Agriculture and Agri-Food Canada's October Outlook suggests total field crop production is estimated to have increased significantly.
Based on the estimates total crop production for principal field crops for 2022-2023 would be around 97.5 thousand tonnes bumping total supply to about 110.1 thousand tonnes.
That would make it the second-highest production level on record and would help rebuild total supply and exports.
Harvest in Western Canada is complete and initial indications from the Canadian Grain Commission Harvest Sample Program are for a good quality crop overall.
According to the outlook, crop prices are forecast to remain relatively strong for 2022-23, although down from the higher levels seen in 2021-22.
AAFC's October Outlook for Principal Field Crops will be posted here.
Source : Pembinavalley Online