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Farmers Yield Record Harvest, Statistics Canada

By Amanda Brodhagen, Farms.com 

Canadian farmers yielded records crops this year, according to a Statistics Canada report.

The report said that while farmers had a late start to planting, good weather led to higher than normal yields for canola, wheat and soybean growers.

Canola and wheat production reaches record levels

Here are the highlights:

  • ? Canola increased 29.5 per cent from 2012, 18.0 million tonnes
  • ? Wheat increased 38.0 per cent from 2012, 37.5 million tonnes
  • ? Barley increased nearly 28 percent from 2012, 10.2 million tonnes

Corn and soybean production also set records

  • ? Corn increased 8.7 per cent
  • ? Soybeans were up 2.2 per cent 

The good news is that farmers’ crops yielded well. The bad news is that they are unable to move their grain fast enough, delaying overseas shipments and missing out on market opportunities.  This situation is especially true for growers in western Canada, who say there is a shortage of rail cars available to transport grain to the ports. 


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Canada reaches tariff deal with China on canola, electric vehicles

Video: Canada reaches tariff deal with China on canola, electric vehicles

Canada has reached a deal with China to increase the limit of imports of Chinese electric vehicles (EVs) in exchange for Beijing dropping tariffs on agricultural products, such as canola, Prime Minister Mark Carney said on Friday.

The tariffs on canola are dropping to 15 per cent starting on March 1. In exchange for dropping duties on agricultural products, Carney is allowing 49,000 Chinese EVs to be exported to Canada.

Carney described it as a “preliminary but landmark” agreement to remove trade barriers and reduce tariffs, part of a broader strategic partnership with China.