Even though the memory of last year’s devastating drought in the Prairie provinces is still vivid, Canadian farmers are on track to deliver an improved crop this year. Better growing conditions in Western Canada have led to optimistic predictions that this harvest’s crop yields will be higher than in previous years. Canola, barley, soybeans, and corn are just some crops that the government said they expected to produce more of. Many farmers are optimistic about the crop quality this year. Farmers have reported that the harvest is moving at least one week early and that the quality of the grain we have gathered so far is potentially on par with the very best that we have ever compiled. The wheat we grew this year produced the best-quality grain we’ve ever harvested. Since June, the Prairies have been experiencing consistent rainfall, which could help speed up the seeding process, which got off to a late start because of adverse weather. However, this was not the case in 2021, when a catastrophic drought wreaked havoc across the nation. According to data provided by Agriculture and Agri-Food Canada, the production of primary field crops in Western Canada fell by over 40 percent in 2021 compared to the previous year’s output and by almost 37 percent when compared to the average of the preceding five years. The production of field crops in Canada in 2021 was 31% lower than in 2020 and 27% lower than the average for the previous five years. According to a report by Statistics Canada, they forecast wheat to experience one of the most significant increases in output across the country in 2018. Statistics Canada projects that annual national wheat production will climb to 34.7 million tonnes in 2022, representing a 55.6% increase compared to 2017. We expect that Alberta’s wheat harvest, the most severely impacted by the drought in 2017, will increase by 80.1% to reach 11.6 million tonnes this year. The estimates provided by I have been derived from Statistics Canada from modeling and satellite imagery from the month of July. These numbers do not consider the impact of August’s hot and dry weather, which, according to some farmers, may have had a negative influence on yields. They did, however, admit that the level of optimism in the agriculture sector for this year is far higher than it was for the previous year, which was 2017. The farmers that are fortunate enough to have a successful harvest should be able to capitalize on the current high prices. We expect that the cost of grain will remain at a level that is considered to be relatively high for the foreseeable future. This is because Canada doesn’t have a lot of grain, global supplies are getting better but are still tight, and they expect international solid demand to continue.