By Top Crop Manager
Aug. 21, 2015 - Canadian wheat production will fall 16 per cent this year, more than estimated by analysts, and canola output will drop 14 per cent after adverse weather, the government said.
Wheat output will decline to 24.6 million tonnes from 29.3 million tonnes in 2014, Statistics Canada in Ottawa said today in a report. That trailed the 26.2 million tonnes expected by analysts, based on the average of eight estimates in a Bloomberg News survey. Canola production will fall to 13.3 million tonnes from 15.6 million tonnes. Analysts forecast 13.7 million tonnes.
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