| PRODUCTION | ||
|---|---|---|
| Producers | 31,520 (number of farms reporting soybeans in 2016 Census) | |
| Seeded Area | 2.61 million hectares (2018)(e) Typically fourth largest among principal field crops |
|
| Current Production | 7.74 MMT (2017) | |
| Growth | 123% increase in production (2006-2017) | |
| Distribution of Production Among Provinces (2017) | Ontario: 48.01% of total production Quebec: 14.85% of total production Manitoba: 29.01% of total production Saskatchewan: 7.06% of total production Maritimes: 1.04% of total production |
|
| Average Yield | 39.1 bushels/acres (2017) | |
| Farm Cash Receipts | CDN$ 2.7 billion (2017) Typically third largest among principal field crops |
|
| PROCESSING | ||
| Crushings | 1.825 MMT (2017 calendar year) | |
| Oil Produced | 340,648 MT (2017) | |
| Meal Produced | 1.423 MMT (2017) | |
| EXPORTS | ||
| Total Volume | 4.96 MMT (2017) 50-70% of production exported annually |
|
| Meal | 205,694 MT (2017) | |
| Oil | 142,866 MT (2017) | |
| Value | CDN$ 2.98 billion (2017) | |
| TOP 5 MARKETS (2017) | Percentage of volume of total exports | |
| China | CDN$ 998 million / 1,964,728 MT | 39.5% |
| U.S. | CDN$ 356 million / 467,877 MT | 9.4% |
| Japan | CDN$ 260 million / 351,702 MT | 7.1% |
| Italy | CDN$ 143 million / 302,545 MT | 6.1% |
| Spain | CDN$ 138 million / 1305,015 MT | 6.1% |
| IMPORTS (2017) | ||
| Soybeans | 519,882 MT/year | |
| Meal | 897,862 MT/year | |
| Oil | 24,476 MT/year | |