
May 1 (Reuters) - Following are selected highlights from a report issued on Thursday by the U.S. Department of Agriculture's (USDA) Foreign Agricultural Service post in Ottawa:
"Production of wheat, corn, barley, and oats is forecast to increase 2% year-over-year to 62.7 million metric tons (MT) in MY (marketing year) 2025/26 and area planted to grains will increase 2.2% year-over-year to 27.5 million hectares, according to Statistics Canada's planting intentions survey. Only barley area is expected to shrink, though only marginally. Uncertainty around tariffs is prompting Canadian grain handlers to diversify markets for exports of crops not already booked.... Wheat production is forecast to increase 2% over the previous period, on a 2.6% increase in area planted, as indicated in Statistics Canada's early planting intentions survey published in March. Prairie farmers will generally begin planting wheat in early to mid-May, and mid-April to the first week of May in the southern regions. Post assumes three-year average yields."
To read the full report, click: https://tinyurl.com/4zxfa264