# Canada’s grain production forecast flat | World-grain.com | July 21, 2016 19:19 | World Grain

> Statistics Canada's June planting survey put 2016 seeded area for wheat, barley, corn and oats at 14.5 million hectares, 4.1% below 2015. A return to normal abandonment rates partly offsets that drop, and the USDA FAS forecasts total production of 52.56 million tonnes, nearly unchanged from 52.807 million in 2015-16. Favorable prairie growing conditions point to average or slightly above-average yields.

- Date: 2016-07-21 · published 2016-07-21T12:00:00.000Z
- Category: report · region Canada · magnitude low
- Page: https://feedsoft.ai/events/11817-canada-s-grain-production-forecast-flat-world-grain-com-july-21-2016-19-19
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Barley](https://feedsoft.ai/c/BARLEY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Oats](https://feedsoft.ai/c/OATS.md)

## Why it matters

Flat production combined with lower carry-in stocks from strong 2015-16 exports cuts total grain supplies by 3.68%, which modestly supports prices for Canadian feed grains such as barley, oats and wheat. The effect is limited because the production forecast itself is essentially unchanged.

## Read by commodity

- CORN: neutral
- OATS: neutral
- WHEAT: neutral
- BARLEY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2020-11-06 | [India’s rice production on the rise \| 2020-11-06  \| World Grain](https://feedsoft.ai/events/50116-india-s-rice-production-on-the-rise-2020-11-06-world-grain.md) | +0.0% | -6.3% |
| WHEAT | 2024-07-30 | [India’s grain production remains strong \| World Grain](https://feedsoft.ai/events/29226-india-s-grain-production-remains-strong-world-grain.md) | +4.9% | -3.3% |
| WHEAT | 2020-02-11 | [USDA lifts wheat, soybean export forecasts \| 2020-02-11  \| World Grain](https://feedsoft.ai/events/54562-usda-lifts-wheat-soybean-export-forecasts-2020-02-11-world-grain.md) | +4.4% | +9.6% |
| WHEAT | 2019-11-22 | [Wheat production, trade rising: IGC - Grain Central](https://feedsoft.ai/events/55997-wheat-production-trade-rising-igc-grain-central.md) | +1.6% | -0.7% |
| WHEAT | 2018-04-02 | [Grain market review: Wheat \| World-grain.com \| April 02, 2018 14:04 \| World Grain](https://feedsoft.ai/events/65546-grain-market-review-wheat-world-grain-com-april-02-2018-14-04-world-grain.md) | +1.6% | +5.2% |
| CORN | 2024-03-22 | [Mexico’s corn production on rise \| World Grain](https://feedsoft.ai/events/31183-mexico-s-corn-production-on-rise-world-grain.md) | -1.2% | -6.5% |
| CORN | 2022-07-15 | [Focus on Canada \| World Grain](https://feedsoft.ai/events/40455-focus-on-canada-world-grain.md) | -10.7% | -8.4% |
| CORN | 2024-10-14 | [USDA adjusts global grain production forecasts \| Feed & Grain](https://feedsoft.ai/events/27918-usda-adjusts-global-grain-production-forecasts-feed-and-grain.md) | -1.8% | +1.8% |

## Sources

- world-grain.com: https://www.world-grain.com/articles/6787-canada-s-grain-production-forecast-flat

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.