Statistics Canada estimates plantings of all wheat at 26.9 million acres, above average industry expectation of 26.5 million
Canadian farmers seeded the most wheat in 22 years, slightly more than expected, and also planted more canola than the industry was forecasting, a government report showed on Wednesday.
Wheat sowings are up nearly 7% from a year ago and are the most since 2001. It is the fourth-largest wheat area on record when winter wheat is included, which StatsCan has tracked since 1997. “I’m very concerned about the dryness on the Prairies,” Burnett said. “We need rains virtually immediately and it doesn’t look like we’re getting that into the first 10 days of July.”
Farmers planted 22.1 million acres of canola, higher than StatsCan’s April estimate of 21.6 million and 3% more than last year. The average trade estimate was 21.8 million acres.
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