Canada Wheat Output May Fall 17% After Too Much Rain
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Wheat farmers in Canada, the world’s second-largest exporter, will harvest 17 percent less this year than last year after wet weather damaged crops, according to a government survey of growers.
Production will slide to 22.205 million metric tons from last year’s 26.848 million tons, Statistics Canada said today in a report, based on a survey of 14,000 farmers. Prospects have worsened since July, when respondents forecast a harvest of 22.659 million tons.