Canadian Producers Trim Corn, Soy Planted Area

Canadian producers trimmed soybean planted area even more than expected this year, while also reversing original intentions to add more corn.

In an updated acreage report on Monday, Statistics Canada pegged 2020 nationwide soybean seeded area at 5.07 million acres, down from spring intentions of 5.21 million and now about 700,000 acres below the previous year. If accurate, it would be the smallest Canadian soybean planted area since 4.63 million acres were seeded in 2013.

Meanwhile, corn planted area was estimated at 3.55 million acres, down 3.7% from a year earlier and below intentions of 3.81 million which would have marked a new record high.

National corn area fell within pre-report trade estimates that ranged from 3.46 million and 3.85 million acres, but soybean area fell below soybean expectations of 5.15 million to 5.25 million.

In the primary production province of Ontario, corn planted area is estimated at 2.19 million acres, down slightly from intentions of 2.3 million and 2.2 million last year. Quebec corn area slipped to 890,800 acres from intentions of 972,100 and 945,100 in 2019, while Manitoba area dropped to 372,300 acres from intentions of 437,300 and 459,800 a year ago. For Manitoba, it is the smallest corn seeded area since about 365,000 acres were planted in 2016.

Alberta corn planted area came in at 40,800 acres, compared to just 29,100 in 2019. (StatsCan did not report Alberta corn intentions in its original 2020 acreage report back in May).

Ontario soybean planted area was forecast by StatsCan at 2.85 million acres, just slightly below intentions of 2.88 million and down from 3.11 million last year. Manitoba soy area fell to 1.14 million acres from intentions of 1.21 million and 1.46 million a year ago. It marks the third straight year that Manitoba soybean area has declined from the 2017 high of 2.29 million acres.

Producers in Saskatchewan reported planting 126,700 acres of soybeans this year, versus intentions of 142,400 and 150,000 in 2019. Alberta soybean area ended up at just 2,500 acres – a sharp drop from intentions of 19,700 and down from 7,000 a year ago.

Quebec soybean area for 2020 is estimated at 885,500 acres, down from 906,200 in 2019.

Source: DePutter Publishing Ltd.

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