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Source: Agriculture and Agri-Food Canada (AAFC)

Grains and oilseeds outlook

This report incorporates 2008 production estimates and July 31, 2008 stock estimates from Statistics Canada. Total supply of grains and oilseeds (G&O) for 2008-09 in Canada is forecast to increase slightly from 2007-08, with increased production partially offset by significantly lower carry-in stocks. While western Canadian production is expected to increase significantly from 2007-08, the harvest has been delayed by late maturity and wet weather, so that quality of the wheat and barley crops remains uncertain. The main factors to watch are: expected yields and quality in western Canada, harvest conditions, volatility of commodity markets and crop prospects for US corn and soybeans.

Full report: http://www.seedquest.com/News/releases/2008/pdf/23729g.pdf

Pulses and special crops outlook
(dry peas, lentils, dry beans, chick peas, mustard seed, canary seed, sunflower seed, buckwheat)

For 2008-09, total supply of pulse and special crops in Canada is expected to rise slightly to 5.7 million tonnes (Mt), as higher supplies for dry peas and lentils are partly offset by lower supplies for dry beans, chickpeas, and canary seed. Harvest progress is behind 2007-08, with the dry pea and lentil harvests approaching completion. Harvest is also underway for chickpeas, mustard and canary seed. The dry bean harvest is expected to start in the next two weeks and the sunflower seed harvest is expected to begin in late September. Quality is expected to be normal, assuming normal weather conditions during the remainder of the harvest period. The risk of frost damage is generally low for unharvested fields due to the advanced stage of development.

Total exports are forecast to rise marginally to 3.9 Mt. Carry-out stocks are expected to rise, but remain   historically low for most crops. Average prices, over all types, grades and markets, are forecast to remain similar to or increase from 2007-08 for all pulse and special crops, with the exception of dry peas. The other main factors to watch are crop conditions in the US, the EU, Australia, the Middle East and the Indian subcontinent.

Full report: http://www.seedquest.com/News/releases/2008/pdf/23729p.pdf

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