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Canada Lowers 2014/15 Barley Production Forecast

Canada Lowers 2014/15 Barley Production Forecast

Canada lowers 2014/15 barley production forecast. The best immigration news is available on the Worldway Immigration official website.

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    Canada immigration focus on Canadian Economy: According to the March 2014 Outlook for Principal Field Crops report released by Agriculture and Agri-Food Canada (AAFC), Canada's barley production for the 2014/15 crop year (August to July) is projected at 8.3 million tonnes, slightly lower than the previous forecast of 8.4 million tonnes and also lower than the 10.2 million tonnes produced in 2013/14.

 

Canada Lowers 2014/15 Barley Production Forecast

 

The report indicates that Canada's harvested area for barley in 2014/15 is expected to be 2.5 million hectares, down from the previous forecast of 2.6 million hectares and the 2.7 million hectares recorded in the previous year.

In 2014/15, Canada's barley exports are expected to reach 2.1 million tonnes, slightly lower than the previous forecast of 2.2 million tonnes, compared to 2.0 million tonnes in the previous year. Domestic consumption is projected at 6.8 million tonnes, unchanged from the previous forecast, compared to 6.6 million tonnes in the previous year.

Canada's ending stocks for barley in 2014/15 are expected to be 1.9 million tonnes, compared to the previous forecast of 1.8 million tonnes and 2.5 million tonnes in the previous year.

Investment involves risks, the above information is for reference only

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