.

Source: Agriculture and Agri-Food Canada (AAFC)

Grains and oilseeds outlook

Canadian farmers intend to increase the areas seeded to spring wheat, barley, corn, flaxseed and soybeans, and reduce the areas of durum, oats, canola and summerfallow according to Statistics Canada’s (STC) March seeding intentions survey for 2009. The actual areas seeded may differ from the intended areas because of changes in the market outlook, prices, soil moisture conditions at the time of seeding and market reaction to the STC report. The outlook assumes
normal precipitation, abandonment and crop quality, and that trend level yields will be achieved.

Total production for 2009-10 is forecast by AAFC to decrease by 10% to 65.6 million tonnes (Mt) but total supply is expected to decline by only 3% due to the higher level of carry-in stocks. Total use is forecast to fall due to lower exports and lower domestic use. Carry-out stocks are forecast to decrease by 17% but be close to the 10 year average. Average prices for 2009-10 are expected to decline from 2008-09for wheat, durum, barley and soybeans, be unchanged for oats and flaxseed and increase slightly for corn and canola.

Full report: http://www.seedquest.com/News/releases/2009/pdf/26011g.pdf

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

For 2009-10, total area seeded to P&SC in Canada is expected to rise marginally from 2008-09. The areas seeded to dry peas, lentils and mustard seed are expected to increase while are areas seeded to dry beans, chickpeas, canary seed and sunflower seed are expected to decrease. Statistics Canada’s (STC) seeding intentions survey, conducted during March and released on April 24, provided estimates for most pulse and special crops by province, but in some cases the area
seeded has been forecast by AAFC. The actual seeded areas may differ from the intentions due to changes in the market outlook, expected prices, producer reaction to the STC seeding intentions report and soil moisture conditions at the time of seeding. It is assumed that precipitation will be normal for the growing and harvest periods and that the abandonment rate and quality will be normal. Trend yields are assumed for both western and eastern Canada.

Total production in Canada is forecast to be largely unchanged at 5.3 million tonnes (Mt). However, total supply is expected to rise by 8% to 6.4 Mt, due to large carry-in stocks. Exports and domestic use are forecast to rise due to the higher supply. Carry-out stocks are expected to rise from 2008-09 for most crops. Average prices are generally forecast to fall except for chickpeas and canary seed which are forecast to average the same as 2008-09.

Full report: http://www.seedquest.com/News/releases/2009/pdf/26011p.pdf

The news item on this page is copyright by the organization where it originated - Fair use notice

Other news from this source