| PRODUCTION | ||
|---|---|---|
| Producers | 29,626 (number of farms reporting soybeans in 2021 Census) | |
| Seeded Area | 5.32 million acres (2021) Typically fourth largest among principal field crops |
|
| Current Production | 6.27 MMT (2021) | |
| Growth | 40% increase in production (2011-2021) | |
| Distribution of Production Among Provinces (2021) | Ontario: 65% of total production Quebec: 18% of total production Manitoba: 15% of total production Maritimes: 1% of total production |
|
| Average Yield | 38.2 bushels/acres (2021) | |
| Farm Cash Receipts | CDN$ 2.94 billion (2021) Typically third largest among principal field crops |
|
| PROCESSING | ||
| Crushings | 1.65 MMT (2021) | |
| Oil Produced | 308,000 MT (2021) | |
| Meal Produced | 1.28 MMT (2021) | |
| EXPORTS | ||
| Total Volume | 4.4 MMT (2021) 50-70% of production exported annually |
|
| Meal | 319,000 MT (2021) | |
| Oil | 152,000 MT (2021) | |
| Value | CDN$ 3.0 billion (2021) | |
| TOP 5 MARKETS (2021) | Percentage of volume of total exports | |
| China | CDN$ 431 million / 583,000 MT | 13.7% |
| Iran | CDN$ 393 million / 598,000 MT | 13.3% |
| Indonesia | CDN$ 201 million / 307,000 MT | 7.0% |
| Algeria | CDN$ 172 million / 282,000 MT | 6.4% |
| Bangladesh | CDN$ 163 million / 261,000 MT | 6.0% |
| IMPORTS (2021) | ||
| Soybeans | 506,000 MT/year | |
| Meal | 1,198 MMT/year | |
| Oil | 36,000 MT/year | |