The average price for rye in Canada is projected to be $190/tonne for 2024-2025, down over $25/tonne compared to the previous year and marking the lowest price in seven years.
Looking ahead to 2025-26, Canadian rye acreage is projected to rise by 56%, reaching 285 thousand hectares, the highest in over three decades. Production is expected to increase sharply to 620 Kt, further driving supplies to 732 Kt. Despite abundant supply, rye prices are forecast to fall to $170/tonne due to pressures from lower row crop prices and abundant supplies.
Globally, the USDA projects world rye production in 2025-26 to rise by 4%, with Canada contributing significantly to the increase. World rye imports and consumption are expected to remain stable, but stocks are projected to decline sharply.
This report provides an update to Agriculture and Agri-Food Canada's (AAFC) April outlook for the 2024-25 and 2025-26 crop years, which run from August 1 to July 31 for rye. AAFC notes that the projections are based on market conditions and trade policies in effect as of May 13, 2025.
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