At a Glance

Canadian Soybean Industry

MMT = Million Metric Tonnes, MT = Metric Tonnes
Source: Statistics Canada, 2018; Canadian Oilseed Processors Association, 2018; CATSNET Analytics; Soy Canada calculations, 2018
Updated: February 2019
PRODUCTION
Producers31,520 (number of farms reporting soybeans in 2016 Census)
Seeded Area2.56 million hectares (2018)
Typically fourth largest among principal field crops
Current Production7.27 MMT (2018)
Growth103% increase in production (2009-2018)
Distribution of Production Among Provinces (2018)Ontario: 57.81% of total production
Quebec: 16.02% of total production
Manitoba: 21.77% of total production
Saskatchewan: 3.2% of total production
Maritimes: 1.05% of total production
Average Yield42.5 bushels/acres (2018)
Farm Cash ReceiptsCDN$ 2.8 billion (2017)
Typically third largest among principal field crops
PROCESSING
Crushings2.059 MMT (2018 calendar year)
Oil Produced381,626 MT (2018)
Meal Produced1.595 MMT (2018)
EXPORTS
Total Volume 6.04 MMT (2018)
50-70% of production exported annually
Meal387,978 MT (2018)
Oil170,430 MT (2018)
ValueCDN$ 3.24 billion (2018)
TOP 5 MARKETS (2018) Percentage of volume of total exports
ChinaCDN$ 1.75 billion / 3,576,968 MT59.2%
U.S.CDN$ 394 million / 541,189 MT 9.0%
JapanCDN$ 270 million / 365,150 MT 6.0%
ItalyCDN$ 120 million / 262,110 MT 4.3%
IrelandCDN$ 69 million / 152,005 MT2.5%
IMPORTS (2018)
Soybeans1,005,557 MT/year
Meal1,003,442 MT/year
Oil25,994 MT/year