The articles below for a brief insight into Canada's current wheat market. Did you know that Canada is the world's sixth-largest producer and one of the largest exporters of wheat? About half of all Canada's wheat is grown in Saskatchewan, followed by Alberta and Manitoba. "This year the weather smiled on us, and we made a crop," says a wheat farmer near Minnedosa in Manitoba. "But just as we made a crop, the economic situation changed." This quotation brings to mind the old saying, "If you are a farmer, the weather is always bad." In what sense might this saying be true? If the Canadian farmer made a bumper crop this year and there is a shortage of wheat in the United States due to a drought, what are his options? What is your opinion if you learned that the U.S. was employing trade protectionism against Canada's wheat and is importing from France instead?

Articles

Anderson, K. (2018). Wheat alternatives: What's your propensity for taking risks?Farm Progress.https://www.farmprogress.com/wheat/wheat-alternatives-what-s-your-propensity-taking-risks

MarketsFarm, & Franz-Warkentin, P. (2019). Less canola, more wheat expected from Statistics Canada.The Western Producer.https://www.producer.com/2019/04/less-canola-more-wheat-expected-from-statistics-canada/

Nickel, R. (2018). Canadian farmers race to reap wheat while sun shines, but damage done.Reuters.https://www.reuters.com/article/us-canada-wheat/canadian-farmers-race-to-reap-wheat-while-sun-shines-but-damage-done-idUSKCN1MX2C8