USDA attache sees Canada oilseed production rising 6% in 2021/22

March 18 (Reuters) - Following are selected highlights from a report issued by the U.S. Department of Agriculture's Foreign Agricultural Service post in Ottawa:

"In marketing year (MY) 2021/22, Canada's total production of oilseeds (canola, soybean, and sunflower seeds) is expected to increase 6% over the previous year, primarily on more area planted to canola and recovery of canola yields. Nearly halfway through MY 2020/21, canola seed exports to China are strong, despite China continuing to block Canada's two largest exporters while maintaining a restrictive dockage requirement. Ending stocks of canola for MY 2020/21 are projected at 700 thousand metric tons (MT), down 2.4 million MT from the previous year, on lower production and increased exports."

To read the full report, click: https://bit.ly/3eQIkFf

(Reporting by Julie Ingwersen in Chicago Editing by Marguerita Choy)

© Copyright Thomson Reuters 2021. Click For Restrictions - http://about.reuters.com/fulllegal.asp

Read more about

Tip of the Day

Farmer-designed planter wheel storage

Planter wheel storage When the bearings in a closing or gauge wheel go, I switch the broken wheel for a new one in five minutes and replace the bearings in the... read more

Talk in Marketing