April 25, 2014
Canada's wheat and rapeseed sowing may decline in 2014
This year, Canadian wheat growers may decrease seeding by 4.8% and also reduce the amount of rapeseed they plant, according to a government survey.
Canada will sow 24.8 million acres of the grain, down from 26.0 million a year earlier, Statistics Canada said. The average estimate of 12 analysts surveyed was 24.3 million acres.
Spring wheat planting may fall 5.6% to 18.0 million acres, while durum seeding is forecast to drop 2.6% to 4.84 million acres and winter wheat will decline 2.7% to 1.95 million acres.
Rapeseed seeding may fall 0.7% to 19.8 million acres from 19.9 a year earlier. Analysts in a Bloomberg survey forecast 20.75 million acres. Barley seeding is forecast to drop 10.9% while soy planting may increase 16.5% to a record 5.26 million acres, according to the survey.
Statistics Canada said it interviewed about 11,500 farmers between March 24 and March 31.