Statistics Canada released their Principal Field Crop Acreage Summary report on Wednesday with canola acres coming in at the upper end of trade expectations at just under 21 million acres. It’s down from 22.8 million acres last year and below the five year average of 21.7 million. Statistics Canada’s all wheat acreage is reported at 24.6 million, below pre-report estimates and down from the March report, but more than the five-year average of 23.9 million acres.
Subscribe to RRFN
Get a weekly digest from RRFN to stay up-to-date on all the latest news in agriculture.