Forecasts exceeded all expectations, but to decrease the yield. Most analysts even could not imagine how low figures would publish a state Agency.
According to the official forecast this year, Canada will grow wheat 25,541 million tons. This is 19.5% less than the previous year and 3.3% below the forecast of independent experts. Moreover, in the context of wheat varieties that are less fortunate spring. It will be made almost 50% less than in 2016.
The deplorable condition and barley. According to the Bureau of Statistics, in 2017, the Canadian farmers will collect 7,212 million tons of barley. The current index is less than the almost 18% the previous year, while independent experts had expected a decrease in the yield of barley is around 9%.
The situation for Canada to put it mildly unpleasant. But this forecast may well play into the hands of stock brokers, and do not exclude the option of increasing prices for grain, after her long fall.
Photo: artovrag.timepad.ru
Translated by service "Yandex.Translation"