USDA World Agricultural Production (Oct. 12): Canadian Wheat Production, Yield Revised Downward 5%

Washington, DC — Statistics Canada (StatCan) revised its total wheat production and yield estimates downward 5 percent on updates to its integrated crop yield model, according to the Oct. 12 World Agricultural Production report for the U.S. Department of Agriculture.

The model considers multiple data sources, including satellite imagery from Agriculture and Agri-Food Canada’s (AAFC) Crop Condition Assessment Program (CCAP).

This update incorporates data collected during the month of August, as the crop reaches maturity, and the harvest of spring varieties begins.

Dry summer conditions in the Prairies accelerated both crop maturation and the harvest, which is nearing an early completion.

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Yields for spring and durum wheat are expected to be well-below average due to the historic drought affecting western Canada.

Ukraine corn production for marketing year 2021/22 is estimated at 38.0 million metric tons, down 3 percent from last month but up 25 percent from last year.

USDA forecasts Argentina soybean production for marketing year (MY) 2021/22 at 51.0 million metric tons, down 2 percent from last month, but up 10 percent from last year.

To read the full report, click here.

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