Statistics Canada’s newest production estimates places soybean production for 2021 down 7.4 per cent yr over yr to 5.9 million tonnes.
Corn production is expected to climb, nonetheless, to 14.4 million tonnes in 2021. A lot of that improve is from Ontario, the place corn production is expected to improve 7.5 per cent to 9.6 million tonnes, on greater yields (+9.3 per cent to 179.1 bushels per acre). This might offset a decrease harvested space, which is expected to fall 1.6 per cent to 2.1 million acres.
The decline in soybean production is due to decrease than expected yields, predicted to drop 11.7 per cent to 40.9 bushels per acre, nationally. Harvested space is anticipated to rise 4.8 per cent to 5.3 million acres.
Ontario is projected to produce 2.8 per cent fewer soybeans in 2021 for a complete of 3.8 million tonnes; common yield is anticipated to lower 5.9 per cent to 47.7 bushels per acre.
In Manitoba, soybean production is projected to lower 22.2 per cent to 905 000 tonnes in 2021. Harvested space is expected to improve 13.5 per cent to 1.3 million acres. Nevertheless, yields are projected to fall 31.4 per cent yr over yr to 25.6 bushels per acre due to dry circumstances within the province.
In Quebec, soybean production is projected to lower 6.9 per cent to 1.1 million tonnes on decrease yields (-11 per cent to 43.1 bushels per acre), which is able to more than offset the projected 4.5 per cent improve in harvested space.