| PRODUCTION | ||
|---|---|---|
| Producers | 31,520 (number of farms reporting soybeans in 2016 Census) | |
| Seeded Area | 2.15 million hectares (2021) Typically fourth largest among principal field crops |
|
| Current Production | 5.82 MMT (2021) | |
| Growth | 14% increase in production (2012-2021) | |
| Distribution of Production Among Provinces (2021) | Ontario: 66% of total production Quebec: 18% of total production Manitoba: 14% of total production Maritimes: 1% of total production |
|
| Average Yield | 40.5 bushels/acres (2021) | |
| Farm Cash Receipts | CDN$ 2.52 billion (2019) Typically third largest among principal field crops |
|
| PROCESSING | ||
| Crushings | 1.8 MMT (2020 calendar year) | |
| Oil Produced | 318,788 MT (2020) | |
| Meal Produced | 1.365 MMT (2020) | |
| EXPORTS | ||
| Total Volume | 4.4 MMT (2020) 50-70% of production exported annually |
|
| Meal | 301,698 MT (2019) | |
| Oil | 166,678MT (2019) | |
| Value | CDN$ 2.6 billion (2020) | |
| TOP 5 MARKETS (2020) | Percentage of volume of total exports | |
| Iran | CDN$ 406 million / 779,982 MT | 17.6% |
| China | CDN$ 275 million / 448,011 MT | 10.1% |
| Japan | CDN$ 264 million / 316,618 MT | 7.2% |
| Italy | CDN$ 163 million / 303,747 MT | 6.9% |
| Bangladesh | CDN$ 159 million / 297,746 MT | 6.7% |
| IMPORTS (2019) | ||
| Soybeans | 600,439 MT/year | |
| Meal | 979,204 MT/year | |
| Oil | 21,860 MT/year | |