Half-harvest silage corn crop near St. Eustache, Manitoba, on October 28, 2025.

Smaller crops, stronger basis

Corn and soybean production came in lighter than expected in the November StatCan survey, lending bullish support to basis bids across Ontario

Statistics Canada’s November crop survey had Ontario corn production at 9.5 million tonnes and soybean production at 3.6 million tonnes. Yields for both crops were lower than expected.