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It is expected, according to a report by Statistics Canada, that the area of Wheat The cultivated crops for the marketing year 2022-23 (August-July) increased by more than 7% on an annual basis, to reach 25.03 million feddans.
The report stated that the expected increase in wheat area is likely to be attributed to strong prices and high global demand, and the area of spring wheat for 2022-23 is expected to increase to 17.6 million acres, an increase of 7% year on year, while the area of durum wheat increases by regarding 13% over Annual basis to reach 6.2 million acres.
Meanwhile, the area planted with winter wheat in Canada is estimated to decline 13% year-on-year to 1.2 million acres.
Previously, the total area planted with wheat decreased in the current fiscal year 2021-22 by regarding 7% on an annual basis, due to the situation Drought prevailing drought conditions.
According to Canadian statistics, farmers in Saskatchewan, Canada’s largest wheat-producing province, will plant more than 13.3 million acres of land, up 10.6 percent year on year.
Expectations of an increase in the area of spring wheat
The area of spring wheat in Saskatchewan is expected to expand 7.5% year-on-year to 8 million acres, while the area is expected to increase durum wheat By 15.4% on an annual basis to reach 5.2 million acres.
The report said Alberta farmers are expected to plant wheat on 7.4 million acres, which will rise 6.3% year on year. Likewise, farmers in Manitoba are likely to grow wheat on more than 3.1 million acres, an increase of 5.7% over the previous year.
and represent Russia and Ukraine Together, regarding 26% of global wheat trade, and following the Russia-Ukraine war, on February 24, trade from the Black Sea fell sharply, and as a result, wheat prices of various origins rose sharply over the past two months.
Canadian wheat export prices rise
Despite lower production and lower exports in 2021-22, Canadian wheat export prices rose sharply due to strong global demand, by nearly 20% since Russo-Ukrainian warwhich led to a reduction in the supply of the Black Sea.
Common wheat exports from 2021 to April 22 through April 17 decreased by nearly 43 percent from last year, while exports of durum wheat fell by more than 61 percent year-on-year.
The Canadian western red spring wheat was at $475.47 per metric ton on April 27, up $3.86 per day, while CWRS wheat was at $477.30 per metric ton, up $3.85 per metric ton per day.
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It is expected, according to a report by Statistics Canada, that the area of Wheat The cultivated crops for the marketing year 2022-23 (August-July) increased by more than 7% on an annual basis, to reach 25.03 million feddans.
The report stated that the expected increase in wheat area is likely to be attributed to strong prices and high global demand, and the area of spring wheat for 2022-23 is expected to increase to 17.6 million acres, an increase of 7% year on year, while the area of durum wheat increases by regarding 13% over Annual basis to reach 6.2 million acres.
Meanwhile, the area planted with winter wheat in Canada is estimated to decline 13% year-on-year to 1.2 million acres.
Previously, the total area planted with wheat decreased in the current fiscal year 2021-22 by regarding 7% on an annual basis, due to the situation Drought prevailing drought conditions.
According to Canadian statistics, farmers in Saskatchewan, Canada’s largest wheat-producing province, will plant more than 13.3 million acres of land, up 10.6 percent year on year.
Expectations of an increase in the area of spring wheat
The area of spring wheat in Saskatchewan is expected to expand 7.5% year-on-year to 8 million acres, while the area is expected to increase durum wheat By 15.4% on an annual basis to reach 5.2 million acres.
The report said Alberta farmers are expected to plant wheat on 7.4 million acres, which will rise 6.3% year on year. Likewise, farmers in Manitoba are likely to grow wheat on more than 3.1 million acres, an increase of 5.7% over the previous year.
and represent Russia and Ukraine Together, regarding 26% of global wheat trade, and following the Russia-Ukraine war, on February 24, trade from the Black Sea fell sharply, and as a result, wheat prices of various origins rose sharply over the past two months.
Canadian wheat export prices rise
Despite lower production and lower exports in 2021-22, Canadian wheat export prices rose sharply due to strong global demand, by nearly 20% since Russo-Ukrainian warwhich led to a reduction in the supply of the Black Sea.
Common wheat exports from 2021 to April 22 through April 17 decreased by nearly 43 percent from last year, while exports of durum wheat fell by more than 61 percent year-on-year.
The Canadian western red spring wheat was at $475.47 per metric ton on April 27, up $3.86 per day, while CWRS wheat was at $477.30 per metric ton, up $3.85 per metric ton per day.
