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Canada: Pulse and Special Crops Outlook
Ottawa, Ontario, Canada
January 28, 2010
For 2009-10, prices for all pulse and special crops (P&SC) in Canada have averaged lower than 2008-09. Total exports and carry-out stocks in Canada are forecast to increase due to higher supply. Carry-out stocks are forecast to rise sharply for lentils and slightly for mustard seed and dry beans while decreasing for the remaining crops.
For 2010-11, total area seeded to P&SC in Canada is forecast to increase by more than 9% from 2009-10. All crops are expected to increase area with the exception of coloured beans. Average yields are generally expected to decrease from the high levels attained in 2009 and trend yields are assumed for both western and eastern Canada. Total production in Canada is forecast to fall marginally to 5.6 million tonnes (Mt). Total production and supply are expected to decrease marginally and exports are expected to decrease accordingly. Domestic use and carry-out stocks are forecast to rise slightly. Prices, averaged over all types, grades and markets, are forecast to fall for all crops. The main factors to watch are commodity prices and input costs, precipitation in Canada over the winter and the Canada-US exchange rate.
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More news from: AAFC - Agriculture & Agri-Food Canada
Website: http://www.agr.gc.ca Published: February 3, 2010 |
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