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Lower Production of Top 3 Crops in 2019.>

CANADA DATA
CANADA DATA: Lower Production of Top 3 Crops Expected in 2019
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- Farmers anticipate less wheat, canola and corn for grain in 
2019 from a year earlier, July survey said
- StatCan: Farmers may have reduced canola planting because of trade 
dispute with China
- Wheat production -2.9% y/y to 31.3M metric tonnes in 2019 
- Wheat harvested area -1.1%; yields -2.1% to 47.5 bushels/acre
- Canola production -9.3% y/y to 18.5M tonnes in 2019
- Canola harvested area -8.3% on limited access to China market
- Canola yields -1.0% to 39.4 bushels/acre
- Corn for grain production -2.0% y/y to 13.6M tonnes in 2019
- Soybean production -14.6% y/y to 6.2M tonnes
- Barley production +15.1% y/y to 9.6M tonnes

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