Canada's Agriculture Sector Affected by Trade Tensions

18-Mar-2025 10:29 AM

Canada's Agriculture Sector Affected by Trade Tensions
★ Trade tensions with China and the United States have placed Canadian grain farmers under serious economic and financial pressure.
★ The 2025 Pre-Planting Survey was released last week in Canada.
★ It is estimated that the acreage for wheat, corn, oats, and peas will increase this year, while canola, soybeans, barley, and lentils may see a decline.
★ The total sown area for major crops in 2025 is projected at 43.1 million hectares, up 0.8% from 42.76 million hectares in 2024.
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Barley
★ Barley acreage in 2025 is expected to decline by 2% to 2.54 million hectares, down from 2.97 million hectares in 2023.
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Corn
★ Corn planting area is projected to increase by 3.2% to 1.53 million hectares.
★ In Ontario, corn acreage is expected to rise by 5% to approximately 930,000 hectares.