Corn Production Down Slightly from September, Soy Higher 

Statistics Canada has bumped its estimate of 2022 Canadian soybean production slightly higher, with corn a bit lower. 

In its final crop production report for 2022 on Friday, the federal agency pegged national soy output at 6.543 million tonnes, up modestly from its September estimate of 6.505 million and 4.3% above a year earlier. On the other hand, corn production is now estimated at 14.538 million tonnes, compared to 14.861 million in September but still up 4% from 2021. 

Today’s crop production was based a survey of sent to approximately 27,200 Canadian farms between Oct. 7 and Nov. 14. StatsCan’s crop production estimates released in August and September were model-based projections that incorporated satellite imagery. 

In the largest production province of Ontario, corn output is seen at 9.44 million tonnes, down from 9.804 million in September and slightly below the 2021 crop of 9.474 million. The average provincial yield was lowered to 166 bu/acre from 172.6 bu and down from 175.2 bu a year ago. Lower yields were likely the result of dry conditions in southern Ontario, where most of the corn in the province is grown, StatsCan said. 

The Ontario soybean crop is estimated at 3.99 million tonnes, compared to 4.11 million in September and 4.08 million last year. The average yield, at 48 bu/acre, was reduced from 49.3 bu is down from 51.6 bu in 2021. 

In Manitoba, soybean production is estimated at 1.31 million tonnes, up from 1.19 million in September as the average provincial yield is reported record high at 43 bu/acre. That compares to 39.1 in September and just 27.1 bu last year. Last year’s soy crop in the province amounted to 963,764 tonnes. 

The Manitoba corn crop is pegged at 1.33 million tonnes, little changed from 1.32 million in September and up from 882,639 in 2021. The average yield is estimated at 140.9 bu, up from 136.6 bu in September and 95.5 bu last year. 

Source: DePutter Publishing Ltd.

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