For 2020-2021, exports are forecast to be lower than last year. The EU and Mexico currently account for 55% of the total Canadian canary seed export market. Carry-out stocks are forecast to be unchanged. The average price is forecast to increase to an average of $650/t from $630/t in 2019-2020.
For 2021-2022, the area seeded is expected to increase marginally due to higher returns relative to other crops. Production is forecast to be higher than last year with an increase in seeded area and similar yields. Supply is expected to be higher at 185 Kt. Exports are expected to be higher and carry-out stocks are forecast to remain tight. The average price is forecast to be lower than the 2020-2021 level.