Canadian farmers to produce more wheat than expected, most canola in three years
StatsCan은 전체 밀 범주에서 가장 큰 부분인 봄 밀의 생산량을 평균 예상치를 약간 웃도는 2,560만 톤으로 추정했습니다. 복원력 있는 캐피털의 분석가이자 트레이더인 제리 클라센은 추정치가 봄 밀 가격의 경우 중립에서 약간 약세, 듀럼의 경우 약세라고 말했습니다. 클라센은 “이것은 캐나다와 미국 모두에서 생산이 회복되고 있다는 첫 번째 실제 징후입니다.”라고 말했습니다. 캐나다 통계청은 위성 사진과 날씨 데이터를 사용하여 7월 31일까지 추정치를 산출했습니다. 클라센은 “그 기간 이후 밀과 유채 생산량이 개선될 것”이라고 말했습니다. 농부들은 기대에 따라 작년보다 42% 증가한 1,950만 톤의 유채꽃을 수확할 것입니다. ICE 캐나다 11월 유채꽃 선물 RSX2는 StatsCan이 보고서를 발표한 후 1% 하락하여 손실을 메웠습니다. googletag.cmd.push(function() {googletag.display(‘js-dfp-tag-XPA’);
(위니펙의 로드 니켈 보고, 키르스텐 도노반 편집) (rod.nickel@thomsonreuters.com) (1 204 230 6043) (로이터 메시징: 로드.니켈)입니다.thomsonreuters.com@reuters.net)입니다.
By Rod Nickel
WINNIPEG, Manitoba, Aug 29 – Canadian farmers will harvest more wheat than expected, and the biggest canola crop in three years, a report featuring the government’s first official harvest estimates showed on Monday.
Canada’s crop production is rebounding strongly after severe drought ravaged last year’s harvest – welcome news for a world coping with stranded grain and sunflower oil stocks in Ukraine due to war.
Canada is the third-largest exporter of wheat, used for baking and for producing pasta, and the biggest exporter of canola, which is used mainly to produce vegetable oil.
Statistics Canada estimated all-wheat production at 34.6 million tonnes, 55% more than last year, and exceeding the industry’s average estimate of 34 million. It would be the second-biggest Canadian wheat harvest in nine years.
StatsCan estimated production of spring wheat, the largest part of the all-wheat category, at 25.6 million tonnes, slightly above the average expectation.
The estimates look neutral to slightly bearish for spring wheat prices, and bearish for durum, said Jerry Klassen, analyst and trader at Resilient Capital.
“This is the first real indication that we’re seeing a recovery in production, both in Canada and the U.S.,” Klassen said.
Statistics Canada produced the estimates using satellite images and weather data to July 31. It’s likely that wheat and canola yields improved after that period, Klassen said.
Farmers will harvest 19.5 million tonnes of canola, up 42%from last year, in line with expectations.
ICE Canada November canola futures RSX2 traded 1% lower, paring losses after StatsCan released the report.
(Reporting by Rod Nickel in Winnipeg; Editing by Kirsten Donovan)
((rod.nickel@thomsonreuters.com)(1 204 230 6043)(Reuters Messaging: rod.nickel.thomsonreuters.com@reuters.net))