Corn and Soybean Production Expected to Expand In Canada

Canada is is expected to be at the forefront of the expanding non-traditional bean and corn market.

Paul Adams, co-owner of Thunder Seed, says Canada is the largest expanding market in the world.

"We're going to see new technologies, early maturity corn/early maturity soybeans to offer Canada probably a little bit wider planting window. A little bit more diversity as far as genetics and trades coming in the market place."

Adams notes that with evolving varieties, he has noticed increasing yields on his farm compared to just 3 to 5 years ago.

He adds one factor that will drive the corn and bean market in Canada is the world's growing population and increased demand for food.

Adams, who farms at Wendell, Minnesota, expects to see a large corn and bean crop in his area if they get some good moisture over the next few weeks. He adds a late frost would also be welcome.

Source: PortageOnline