Traders and market analysts are not putting much confidence in the September Principle Field Crop Production Report from Statistics Canada .

"It's always useful to compare with what their estimates are but for the most part I think it was shrugged off pretty quick," says Jonathan Driedger, market analyst with FarmLink Marketing Solutions. "We'll get a better sense of the numbers as guys make some further progress with harvest."

He notes several major question marks surrounded the report. "First of all, there were very few changes to the seeded acres of any of these crops. I think it's still an ongoing debate as to what got stuck in the ground...and there's some debate as to whether the trade really believes these numbers," he says. "And then of course, the survey was done in the first week or so of September, so there was very little harvest progress in most places, so you're kind of taking a stab at pre-harvest estimates. Given the window of challenging weather immediately after, there are still alot of question marks out there."

"The figures will be quickly discounted and everyone's going to move on."

Total wheat production was pegged at 22.2 million tonnes, down two percent from the July crop estimates. Canola production was down 4 percent from July to 10.4 million tonnes.

Expected oat production dropped 3 percent from the mid-summer report to 2.3 million tonnes while barley production is expected to reach 8.3 million tonnes, down 2.7 percent from July.

Dry bean production estimates also dropped, by 2.2 percent, to 238 thousand tonnes.

The report was based on a survey of 14 thousand farmers, conducted from September 1st to September 9th.