Commodity Blog

Aug 16 2023

Barchart Predicts Canadian Spring Wheat and Soybeans Production Below Latest AAFC Report

Get ready for some exciting updates as Barchart has revealed the End-of-Season 2023 yield and production forecasts for Canadian Spring Wheat and Soybeans.

First, let's talk wheat. Barchart's forecast for Candian spring wheat production is 930.8B bu with an end-of-season yield of 48.8 (bu/ac), which is 4.1 (bu/ac) below the latest AAFC estimate of 52.9 (bu/ac)!

Next comes soybeans! Barchart's forecast for Canadian soybean production is 251.6B bu with the end-of-season yield at 45 (bu/ac), which is 0.2 (bu/ac) above the latest AAFC estimate of 44.8 (bu/ac).

Did you know that Barchart offers free access to their Canadian Spring Wheat and Soybeans forecasts twice per month during the growing season?! You heard that right —get ahead of the game and spot opportunities even before the traditional AAFC reports are released.

To get enhanced access to Barchart’s insights on crop production and yield, sign-up for our free Canadian Crop Production Report, access daily updates by subscribing to cmdtyView Pro, or use our enterprise-grade APIs.  To learn more about Barchart’s Crop Production Forecasts please visit our website.

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