Canada: Grain and Feed Update
Total Canadian wheat, barley, corn and oats production in 2015/2016 is forecast fall to 49.2 MMT, a 4 percent decrease corm 2014/2015 total production levels of 51.0 MMT. This decrease is due to an 11 percent decrease in wheat production caused by abnormally dry conditions during the growing season. Due to increases in area seeded, barley, corn and oats production levels all increased over the previous year’s level. Wheat exports are forecast to fall to the five-year average level of 20.0 MMT, while barley corn and oats export levels will remain at levels similar to the previous year. Some corn U.S. exporters will require new provincial licenses in 2015/2016 to sell into the Ontario market. There is potential for disruption of rail service into the United States and up to Canada should bill S.650, the Rail Safety and Positive Track Control Extension Act not be passed before the New Year
