Barchart Releases Initial Canadian Crop Production and Yield Forecasts Below AAFC Estimates

Today, Barchart released its initial July 2022 Yield and Production forecasts for Canadian Spring Wheat and Soybeans, which predicts yield below the AAFC's most recent forecast.

Barchart's forecast for Candian spring wheat production is 907.7B bu with an end-of-season yield of 52.6 (bu/ac).  Barchart’s spring wheat yield forecast is 1.5 (bu/ac) below the AAFC estimate of 54.1 (bu/ac). 

Barchart's forecast for Canadian soybean production is 233.4B bu with the end-of-season yield at 43.9 (bu/ac).  Barchart’s yield forecast for soybeans is 0.1 (bu/ac) below the AAFC estimate of 44.0 (bu/ac).

Forecasts for Canadian Spring Wheat and Soybeans will be available for free to the public on the first Tuesday of each month of the growing season, allowing users to identify areas of opportunity before 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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