Experts raise forecasts for wheat production in Canada

The experts at Refinitiv have the prognosis for the wheat harvest in Canada increased by 2022% to 23 million tons in 2/32, which is also well above the result of the previous season (21,7 million tons).

It is noted that the increase in the production potential of Canadian grain is promoted by a comfortable temperature regime and rains that took place in the southern regions of the country.

Note that AAFC analysts' June forecast for Canadian wheat gross tonnage is 33,1 million tons.

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