The experts at Refinitiv have the prognosis for the wheat harvest in Canada in 2022/23 by 2% to 32 million Tonnen increased, which is also significantly higher than the previous season's result (21,7 million tons).
It is noted that increasing the production potential of Canadian Grains is promoted by a comfortable temperature regime and rains, which occurred in the southern regions of the country.
Note that AAFC analysts' June gross fee forecast for Canadian Wheat 33,1 million tonnes.