Wheat and Canola Battle for Dominance—Canada's Long-Term Grain & Oilseed Baseline Outlook
In this publication, we discuss the outlook for Canada’s wheat and canola crops.
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About the report
As part of a larger compilation of baseline reports, this outlook was built on consistent drivers used in the prior baseline reports on other markets, which were already released by Rabobank in Q3 and Q4 2017. Wheat and canola will continue to dominate Canada’s planted area through 2024/25, with competition driven by export demand and agronomic factors impacting production. Canola margins have been favorable, taking shares of planted area from other crops like barley. In 2017, for the first time ever, planted area of canola exceeded that of wheat. Agronomic management concerns and a renewed global demand for higher protein Canadian wheat will factor into the share of planted area between these two crops.
Where to go from here
Sam FunkFormer Senior Analyst - Grains & Oilseeds