Today, Barchart released its August 2023 Yield and Production forecasts for Canadian Spring Wheat and Soybeans, which predicts yield above the AAFC's most recent forecast.
Barchart's forecast for Candian spring wheat production is 1,018.5B bu with an end-of-season yield of 53.4 (bu/ac), which is 0.5 (bu/ac) above the latest AAFC estimate of 52.9 (bu/ac).
Barchart's forecast for Canadian soybean production is 252.2B bu with the end-of-season yield at 45.1 (bu/ac), which is 0.3 (bu/ac) below the latest AAFC estimate of 44.8 (bu/ac).
Forecasts for Canadian Spring Wheat and Soybeans are available for free to the public on the first Tuesday of each month of the growing season, allowing users to identify areas of opportunity before traditional AAFC reports are released.
To get enhanced access to Barchart’s insights on crop production and yield, sign-up for our free Canadian Crop Production Report, access daily updates by subscribing to cmdtyView Pro, or use our enterprise-grade APIs. To learn more about Barchart’s Crop Production Forecasts please visit our website.
Additionally, we invite you to join us at Barchart's 3-day Grain Merchandising and Technology Conference in Downtown Nashville this September, which will feature product demos, panel discussions, industry awards, a charity golf outing, and many networking opportunities. Visit our event website to learn more.
On the date of publication, Megan Hankins did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.
