NEWS
Canada Markets Blog
Cliff Jamieson Canadian Grains Analyst
Tue Apr 22, 2014 03:58 PM CDT

The Dow Jones headline from Monday was "Less Wheat, More Canola Expected in Canada," which explains the bulk of the expected shift in 2014 acres. Bear in mind that this week's release is based on producer surveys conducted in March, with price changes in commodity markets since that time just one of the many factors that can alter the results.

Pre-report trade estimates suggest that canola acres will be 20 million to 22 million acres, up from last year's 19.936 million. The five-year average is 19.01 million acres, with the current record at 22.021 million seeded in 2012. Some in ...

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