Skip to content
Markets

Wheat Harvest Rebounds in Canada to Bolster Shaky World Supplies

  • Canada to deliver third biggest harvest in more than a century
  • Bumper crop comes as war, drought put world’s wheat in turmoil
A farmer harvests winter wheat near Brunkild, Manitoba in August 2020.

A farmer harvests winter wheat near Brunkild, Manitoba in August 2020.

Photographer: Shannon VanRaes/Bloomberg
By

A turnaround in Canada’s wheat crop may help boost world supplies.

Output from the world’s seventh-largest wheat exporter will rise 55% to 34.6 million metric tons this year as yields improve amid better moisture and more moderate temperatures, Statistics Canada said Monday in a report. That makes 2022 the third best harvest in records dating to 1908, falling just short of 2020’s bounty and the record 37.6 million tons gathered in 2013.