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Canadian Sphagnum Peat Moss Association Announces Results of 2018 Harvest Season (as of August 31)

ST. ALBERT, Alberta, Canada (November 1, 2018)

The Canadian Sphagnum Peat Moss Association (CSPMA), whose members represent 92 percent of the North American peat production, has an announcement regarding the level of harvest for the 2018 season.

A survey of members was conducted on the status of their 2018 Actual Harvest as a percentage of their 2018 Expected Harvest on August 31.

Overall the season has been close to having met or slightly exceeded expectations.

In New Brunswick, for both the north and south reporting areas the industry is above its expected harvest volumes. (New Brunswick North, 110%, New Brunswick South, 102%).  Québec’s South Shore (107%) recorded the largest above expectation harvest for all reporting areas.  A mild spring and above normal summer contributed to the results. In Québec’s North Shore (92%) the results are slightly below expectation due to less favourable weather conditions during the summer harvest.

The Prairie Provinces (MB, SK & AB), experienced a little below harvest expectations (Manitoba, 97%; Saskatchewan, 82%; Alberta, 97%). A cooler spring and variable summer weather conditions account for the poorer showing. Minnesota has experienced a similarly slightly lower than expected harvest with only 93% achieved.

As in the past, the Canadian Sphagnum Peat Moss Association (CSPMA) members are committed to working cooperatively with their commercial business partners.

Definitions:

« 2018 Actual Harvest »: The volume of CFT of harvest that corporately was achieved as of August 31, plus, what can reasonably be expected to be harvested for the last few weeks of the season considering « normal » harvesting conditions.

« 2018 Expected Harvest »: The volume of CFT that equates to a) market needs, plus, b) anticipated buffer as at the end of the 2018 season, minus, c) inventory on hand at the start of the 2018 season (what was left of the 2017 buffer).