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- Canadian manufacturing sales fell 2.6% in July
Canadian manufacturing sales fell 2.6% in July
Canola production in Canada is estimated to reach a record 19.7 million tonnes in 2017, according to Statistics Canada's model-based principal field crop estimates. Soybean production is also estimated to reach a record, at 8.3 million tonnes. Current oilseed prices and profitability have encouraged Canadian farmers to plant record acreage for both of these crops.
Production is estimated to increase in 2017 for canola (+0.5%), corn for grain (+8.5%), oats (+19.0%) and soybeans (+28.8%) compared with 2016.
Production is estimated to decline in 2017 for barley (-16.8%), canary seed (-17.1%), flaxseed (-14.8%), lentils (-24.9%), mixed grains (-5.5%), mustard seed (-51.2%), dry field peas (-20.1%), fall rye (-19.6%), durum wheat (-44.6%), spring wheat (-1.8%) and winter wheat (-21.6%) compared with 2016.
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