At a Glance

Canadian Soybean Industry

MMT = Million Metric Tonnes, MT = Metric Tonnes
Source: Statistics Canada, 2017; Canadian Oilseed Processors Association, 2017; CATSNET Analytics; Soy Canada calculations, 2017
Updated: March 2017
PRODUCTION
Producers27,215 (number of farms reporting soybeans in 2011 Census)
Seeded Area2.22 million hectares (2016)
Typically fourth largest among principal field crops
Current Production6.46 MMT (2016)
Average Production4.66 MMT (2006-2016)
Growth86% increase in production (2006-2016)
Distribution of Production Among Provinces (2016)Ontario: 52.21% of total production
Quebec: 16.09% of total production
Manitoba: 27.37% of total production
Saskatchewan: 3.13% of total production
Maritimes: 1.18% of total production
Yield44.1 bushels/acres (2016)
Farm Cash ReceiptsCDN$ 2.4 billion (2016)
Typically third largest among principal field crops
PROCESSING
Crushings1.868 MMT (2016 calendar year)
Oil Produced345.604 MT (2016)
Meal Produced1.452 MMT (2016)
EXPORTS
Total Volume 4.84 MMT (2016)
50-70% of production exported annually
Meal261,920 MT (2016)
Oil165,268 MT (2016)
ValueCDN$ 2.81 billion (2016)
TOP 5 MARKETS (2014) Percentage of volume of total exports
ChinaCDN$ 948 million / 1,787,828 MT36.8%
U.S.CDN$ 383 million / 532,777 MT 10.9%
JapanCDN$ 271 million / 341,277 MT 7%
NetherlandsCDN$ 157 million / 322,653 MT 6.6%
ItalyCDN$ 103 million / 199,826 MT4.1%
IMPORTS
Soybeans96,455 MT/year (2016)
Meal756,503 MMT/year
Oil257,099 MT/year