We focus on grains and food industry.
We focus on grains and food industry.
We focus on grains and food industry.
We focus on grains and food industry.
We focus on grains and food industry.
We focus on grains and food industry.
We focus on grains and food industry.
We focus on grains and food industry. current time
Total supply of soybean likely to fall in Canada
According to the Statistics Canada (STC), the country’s soybean production for 2025-26 is likely to fall by 11 percent to 6.8 million tonne (mt) year-on-year, due to poor growing conditions in Eastern Canada. However, higher seeded area helped offset the decline in yields, keeping output near the five-year average.
For the year, total supply of soybean is expected down 8 percent at 7.8 mt but still 2 percent higher than the five-year average, as lower production is partially offset by solid carry-in and a relatively average import forecast. Total domestic use is forecast below the levels seen in recent years, at 2.1 mt, largely on lower anticipated feed, waste, and dockage. Soybean crush is forecast just above last year at 1.7 mt, relatively on par with the average.
The Canadian Grain Commission (CGC), soybean exports through the commercially licensed handling system in recent weeks have slowed significantly. However, the STC data shows that overall soybean movement from August 2025 to February 2026 has been strong. Total exports for the year are raised to 5.35 mt; down from last year’s record but strong historically at 14 percent above the average. Carry-out is expected to tighten to 391 thousand tonne (Kt)
The forecast for simple average soybean price , track Chatham, is adjusted up $15 to $540 per tonne on support from rising crude oil and veg-oil prices, reflecting up 11 percent from last year but still below the five-year average of $608 per tonne.
For 2026-27, STC projects the area seeded to soybeans will expand slightly to 2.4 Mha. Looking at the recent surge in fertilizer prices, there is potential that this forecast has an upwards bias as producers without pre-booked fertilizer may shift more acreage into soybeans. Assuming yields will return to average, production is forecast to rebound to 7.5 mt. If favourable growing conditions prevail, this could be the third highest output on record. Total supplies are expected to rise 9 percent from last year to 8.3 mt.
