NEWS
Less Canada Wheat, More Canola Seen
Mon Apr 21, 2014 05:09 PM CDT

WINNIPEG, Manitoba (Dow Jones) -- Canadian farmers are expected to seed less wheat and more canola in 2014, according to average trade guesses ahead of the Statistics Canada planting intentions report on April 24.

"Compared to last year, we'll see less wheat," said Jon Driedger, of FarmLink Marketing in Winnipeg, estimating that spring wheat area could be down by as much as two million acres from the previous year.

Pre-report trade guesses range from about 23.5 million to 25.2 million acres for all wheat (which included spring, winter, and durum wheat), compared with the roughly 26.3 million acres ...

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