Canada will collect a record harvest of oilseed in 2017/18 MG

Analysts at Statistics Canada in its new report estimated the canola crop in Canada in 2017/18 MG a record 19.7 million tonnes, 0.5% higher than the previous season.

the Increase in yield will contribute to the expansion of acreage 13.8% to the largest in the history of figure 22.8 million acres. However, the yield of canola in most States, with the exception of Manitoba, will be lower togoro.

Gross harvest of soybeans in 2017/18 MG in Canada will increase relative to last year by 28.8% to a record 8.3 million tonnes, mainly due to the projected increase in acreage under oilseeds 34.6% to 7.2 million hectares. However, average soybean yields are also reduced by 4.3% to 42.2 bushels/acre.

However, in Ontario, soybean yields will increase by 7.4% to a record 49.3 bushels/acre, so there will be harvested 4.1 million tons of soybeans, more than half of the total canadian harvest of soybeans.