STAT Communications Ag Market News

Lower Mustard Area Forecast For 2017

PANAMA - Feb 5/17 - SNS -- Agriculture Canada expects land in all crops to increase marginally in 2017 as farmers bfing more summerfallow into production.

However, the agriculture department expects farmers to emphazie oilseeds over grains and pulses. The production of grains and oilseeds and the production of pulses and special crops are forecast to decrease by 3% and 4%, respectively so that total field crop production is expected to decrease from 91.7 million MT in 2016-17 to 88.1 million MT in 2017-18.

"However, due to higher carry-in stocks, total crop supply is forecast to decrease by only 1%," the government said.

Looking specifically at mustar seed, Agriculture Canada's market analysis branch in Winnipeg thinks production could reach 155,000 MT from 160,000 hectares, compared to 234,000 MT from 212,000 hectares last year. It is important to note that the forecast is not based on a survey of farmers.

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