# Another large wheat crop expected in Canada

> The FAS forecasts Canada's 2023-24 wheat crop at 35.8 million tonnes, the second largest on record, on a record 10.7 million hectares planted. Oat output is projected to fall 21% to 4 million tonnes because of reduced Saskatchewan acreage.

- Date: 2023-05-16 · published 2023-05-16T12:00:00.000Z
- Category: report · region Canada · magnitude medium
- Page: https://feedsoft.ai/events/35998-another-large-wheat-crop-expected-in-canada
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Oats](https://feedsoft.ai/c/OATS.md)

## Why it matters

A large Canadian wheat crop adds export supply and pressures wheat prices, while the sharp oat decline supports oat values.

## Read by commodity

- OATS: bullish ▲
- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2025-04-08 | [We can expect a larger wheat harvest in the EU this year - Trademagazin](https://feedsoft.ai/events/25052-we-can-expect-a-larger-wheat-harvest-in-the-eu-this-year-trademagazin.md) | +1.7% | +5.2% |
| WHEAT | 2017-12-06 | [Canada feeds larger Canola and grain crops than](https://feedsoft.ai/events/67575-canada-feeds-larger-canola-and-grain-crops-than.md) | -4.5% | -1.8% |
| WHEAT | 2019-08-29 | [Germany expects larger wheat crop despite heatwave \| The Western Producer](https://feedsoft.ai/events/57529-germany-expects-larger-wheat-crop-despite-heatwave-the-western-producer.md) | -3.2% | +0.5% |
| WHEAT | 2025-09-11 | [Record EU soft wheat harvest expected this year - AgCanada](https://feedsoft.ai/events/22801-record-eu-soft-wheat-harvest-expected-this-year-agcanada.md) | +0.0% | +0.3% |
| WHEAT | 2023-03-06 | [Record winter crop production expected for Australia - AgCanada](https://feedsoft.ai/events/36802-record-winter-crop-production-expected-for-australia-agcanada.md) | -2.2% | +4.8% |
| OATS | 2021-01-27 | [Smaller wheat and oat crops forecast for Canada \| 2021-01-27  \| World Grain](https://feedsoft.ai/events/49209-smaller-wheat-and-oat-crops-forecast-for-canada-2021-01-27-world-grain.md) | -2.6% | +3.5% |
| OATS | 2022-10-24 | [Canada lifts grain price forecasts, as it upgrades wheat export hopes - Grain Price News](https://feedsoft.ai/events/39181-canada-lifts-grain-price-forecasts-as-it-upgrades-wheat-export-hopes-grain.md) | -2.6% | +5.3% |
| OATS | 2023-07-21 | [AAFC lowers Canadian wheat ending stocks estimates - AgCanada](https://feedsoft.ai/events/35096-aafc-lowers-canadian-wheat-ending-stocks-estimates-agcanada.md) | -4.1% | -1.4% |

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/another-large-wheat-crop-expected-in-canada/

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