Dry Spell Has Canadian Wheat Harvest Headed for Six-Year Low

  • Production seen falling to a six-year low in Bloomberg survey
  • ‘Conditions were very extreme this year,’ PI Financial says
Photographer: Andrey Rudakov/Bloomberg
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It’s been so dry on Levi Wood’s Saskatchewan farm, his 4,500 acres of durum-wheat plants are six inches (15 centimeters) shorter than last year. A little more than an inch of rain fell during the entire growing season -- a fraction of normal -- and he expects yields will drop by as much as a third this harvest.

“Those plants just ran out of moisture,” said Wood, 33, who is also the president of the Western Canadian Wheat Growers and farms about 22 miles west of Regina, Saskatchewan, in Pense. “We would’ve had a pretty good crop if we just had a little bit more rain.”