Canada's Wheat production likely to fall, second lowest in the 8 years
Canada, the world's fourth largest wheat exporter, is set to face a decline in wheat production this year due to drought.
According to a government report, in parts of the Prairie Provinces, namely Alberta, Manitoba and Saskatchewan wheat and canola production expected to decline.
Canada is also among the world's largest shippers for canola, from which vegetable oil is produced. According to Statistics Canada, the production of wheat this time is likely to be 29.5 million metric tons, which is the second lowest in the last 8 years and 14 percent down compared to last year. At the same time, t...
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