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: September 2017
PRODUCTION
Producers31,520 (number of farms reporting soybeans in 2016 Census)
Seeded Area2.94 million hectares (2017)
Typically fourth largest among principal field crops
Current Production7.74 MMT (2017)
Growth123% 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
Yield44.1 bushels/acres (2016)
Farm Cash ReceiptsCDN$ 2.8 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 (2016) 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