NEWS
Thu Apr 24, 2014 11:59 AM CDT

WINNIPEG (Dow Jones) -- Canadian farmers intend to plant less canola than most industry participants had anticipated this year, according to the first survey-based estimates from Statistics Canada, released Thursday.

However, adjustments to actual seedings are still possible, as spring planting has yet to begin across Western Canada. StatsCan pegged canola area at 19.8 million acres, which would be down from the 19.9 million seeded in 2013. Average pre-report estimates had been for an increase of at least a million acres in canola area on the year.

"The headline number is canola, and it didn't just fall short of trade ...

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