|
Published by: Business Monitor International
Published: Jun. 29, 2009 - 54 Pages
Table of Contents
- Executive Summary
- SWOT Analysis
- Canada Agricultural SWOT
- Industry Business Environment Overview
- Market Overview
- Supply Demand Analysis
- Canada Sugar Outlook
- Table: Canada Sugar Production, Consumption & Trade
- Table: Canada Sugar Production, Consumption & Trade
- Industry Forecast - Canada Dairy Outlook
- Table: Canada Milk Production & Consumption
- Table: Canada Butter Production, Consumption & Trade
- Table: Canada Cheese Production, Consumption & Trade
- Table: Canada Milk Production & Consumption
- Table: Canada Butter Production, Consumption & Trade
- Table: Canada Cheese Production, Consumption & Trade
- Industry Forecast - Canada Livestock Outlook
- Table: Canada Poultry Production, Consumption & Trade
- Table: Canada Pork Production, Consumption & Trade
- Table: Canada Beef & Veal Production, Consumption & Trade
- Table: Canada Poultry Production, Consumption & Trade
- Table: Canada Pork Production, Consumption & Trade
- Table: Canada Beef & Veal Production, Consumption & Trade
- Industry Forecast - Canada Soybean Outlook
- Industry Forecast - Canada Soybean Outlook
- Table: Canada Soybean Production, Consumption & Trade
- Table: Canada Soybean Production, Consumption & Trade
- Industry Forecast - Canada Rice Outlook
- Table: Canada Rice Production, Consumption & Trade
- Table: Canada Rice Production, Consumption & Trade
- Industry Forecast - Canada Grain Outlook
- Table: Canada Wheat Production, Consumption & Trade
- Table: Canada Corn Production, Consumption & Trade
- Table: Canada Barley Production, Consumption & Trade
- Table: Canada Wheat Production, Consumption & Trade
- Table: Canada Corn Production, Consumption & Trade
- Table: Canada Barley Production, Consumption & Trade
- Competitive Landscape
- Table: Agricultural Commodity Producers & Traders
- Table: Agribusiness Suppliers
- Table: Integrated Agricultural Producers
- Market Strategy - Grains Update
- Corn
- Table: Corn
- Soybean
- Table: Soybean
- Rice
- Table: Rice
- Wheat
- Table: Wheat
- Market Strategy Softs Update
- Cocoa
- Table: Cocoa
- Coffee
- Table Coffee
- Milk
- Table: Milk
- Sugar
- Table: Sugar
- Downstream Supply Chain Analysis
- Industry Forecast Scenario - Food
- Table: Canada Food Consumption Indicators - Historical Data & Forecasts
- Table: Confectionery Value/Volume Sales - Historical Data & Forecasts
- Table: Canned Food Value/Volume Sales - Historical Data & Forecasts
- Table: Food & Drink Trade Balance - Historical Data & Forecasts
- Industry Forecast Scenario - Retail
- Table: Canada Mass Grocery Retail - Value Sales by Format - Historical Data & Forecasts
- Economic Activity
- Canada - Economic Activity
- Industry Trend Analysis - Loblaw Moves Towards Sustainable Seafood Policy, Trend Creates
- Opportunities In Aquaculture
- BMI Forecast Modelling
- How We Generate Our Industry Forecasts
AbstractIn BMI's new Canada Agribusiness Report for Q3 2009, we begin to look at the outlook for the 2010harvest. Next year we expect production of grain to fall back from the high levels estimated for 2009.
This year a bumper wheat crop in Canada and its southern neighbour the US has put pressure on prices.Prices were already suffering from flagging demand owing to the poor state of the livestock industry inthe two countries and sluggish demand on the export market. In 2010, we expect only a small recovery inprices despite a forecast large fall in production on both sides of the border.
The 2009 wheat crop is estimated to be up 42.87% year-on-year (y-o-y) at 28.61mn tonnes. This was dueto excellent growing conditions causing yields to rise and a 15% increase in the planted area in responseto the high wheat prices at planting time in H108. For the 2010 crop, despite an expected similar areaplanted to wheat, production will fall owing to a drop in yields to more normal levels.
Barley and soybean production also benefited from the good growing conditions in the 2009 crop year.
Barley production grew an estimated 7.3% y-o-y despite a 14% fall in the area planted. Soybeanproduction rose by 23.8% y-o-y to an estimated 3.34mn tonnes. Exports of soybeans rose by a far smalleramount, however, owing to low beginning stocks. As with wheat, we expect production in 2010 to fallback again as yields drop.
In the coming years, we expect to see demand for grain and oilseeds in Canada to be boosted by biofuelproduction. Production capacity for both ethanol and biodiesel has been rising rapidly over the past fewyears. Increases in capacity have been slowed this year by tight credit conditions and the fall in the priceof oil. Towards the end of our forecast period in 2013, however, we expect biodiesel to become a moresignificant driver of growth in demand for crops.
As in the US, Canada's livestock and dairy sectors are still struggling. We expect production of poultry,pork and beef to fall. We also forecast a fall in production of dairy products. Canada's hog sector hadalready been struggling before the rocketing feed costs of 2008 and the fall in demand this year. Theoutbreak of H1N1 'swine flu' has been a further blow to the sector at a time when it looked like hog pricescould begin to rise again owing to lower supply. Hog inventories continued to fall through the first half of2009 as more operators left the business. We do not see the situation improving through the second halfof the year. Assuming growth returns to the economies of Canada and the US next year, rising demandand lower supply could see prices rise again and profitability return to the sector. It will take time,however, for herds to be built back up and we see production falling for some years to come.
Get Full Details About This Report >>
|
|
US: 800.298.5699
Int'l: +1.240.747.3093
|
|
|
|
About MarketResearch.com
MarketResearch.com is an online aggregator selling over 300,000 market research reports,
company profiles and country profiles from over 700 research firms. Our reports will
provide you with the critical business and competitive intelligence you need for strategic planning and marketing
research. Coverage includes the US, UK, Europe, Asia and global markets.
© MarketResearch.com 2012
|