Canada harvests bumper oilseed crops
Canadian farmers harvested their sixth record soybean crop in a row and their second-largest canola crop, said Statistics Canada, with the harvest season over. The canola crop was 11 percent larger than the previous StatsCan estimate in October and was 1 million tonnes more than traders expected. Canola is Canada's major oilseed, at 15.6 million tonnes this year, down from 18 million tonnes last year. Soybeans totaled 6 million tonnes this year, up 13 percent from 2013.