Rabobank issued a forecast that is basically a repeat of grains and oilseeds production and prices for the 2025-26 crop year.
Specialist Andrick Payen said "we’re not seeing acreage expanding that much (in Canada) and we see yields continue to be a challenge in terms of production.”
Canadian yields have flat-lined while they continue to increase in the U.S.
Owen Wagner, another Raboresearch grains and oilseeds analyst, said “25 per cent of Canadian soybeans were grown for direct human consumption compared to two per cent in the U.S. You get a good idea for the different models both countries have pursued,” he said.
He also noted that Canadian net farm income increased between 2019 and 2022 while it declined in the United States.
