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Harvest payoff season boosts Western Canada crops
Farmers anticipate a strong fall as weather improves and canola may yield a record 13.2 million tonnes in 2011, with 17.8 million acres harvested. US crop concerns buoy prices while a softer loonie supports futures around 575 per tonne. CWB foresees similar wheat output to 2010 with better quality, and overall 2011 looks profitable if frost holds off.
MENTIONED IN THIS ARTICLE
Statistics Canada
StatsCan
United States
U.S
Canadian Wheat Board
CWB
Canada
Ve Up
Insra