Canadian farmers to reap less wheat than expected due to drought ...Middle East

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WINNIPEG – Canadian farmers will harvest less wheat than expected after dry conditions in parts of the Prairie provinces shrunk yields, a government report showed on Tuesday. Drought is expected to send global wheat stockpiles for major exporters to the lowest levels in more than a decade, a Reuters analysis has shown. Canada is the world’s fourth-largest wheat exporter and the biggest shipper of canola, which is used largely to produce vegetable oil. Statistics Canada estimated all-wheat production at 29.5 million metric tons, the second-lowest in eight years, and down 14% from last year. The estimate fell below the average industry expectation of 30.4 million in a Reuters surve

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Last updated : 29 August 2023 clock 05:12 PM

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Canadian farmers to reap less wheat than expected due to drought ...Middle East

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