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National & World Ag News Headlines
Soy Canada to Nearly Double Soybean Production by 2027
USAgNet - 01/18/2018

Soy Canada has unveiled a plan to encourage soybean production to nearly double to 10 million acres by 2027 and set in motion growth in the crushing sector rather than exporting raw beans.

The Manitoba Co-operator reports that directors have endorsed a comprehensive strategic market readiness plan that is the first "to involve the entire soybean value chain, including plant breeders, growers, exporters, processors and other value chain partners."

The plan is intended to serve as a discussion paper during the next few months with all segments of the soybean sector in Canada.

Last year, 7.7 million tonnes of soybeans were harvested nationally. Ontario at 3.7 million tonnes and Manitoba at 2.2 million tonnes dominate the sector followed by Quebec and Saskatchewan. Alberta is expected to become a bigger player in the future.

Under the plan, seeded acreage in Eastern Canada will reach four million acres in a decade up from the current 3.6 million acres while Western Canada should see six million acres in soybeans in 2027 compared to 1.9 million acres seeded in 2017.


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