Canadian Planting Intentions

Stats Canada said today that Canadian farmers will plant around 700,000 acres more rapeseed than last year, sowing 16.9 million acres of the stuff.

All wheat area will tumble by more than 1.2 million acres, or 5%, to 23.2 million acres they said.

With barley area also declining by around 200,000 acres, and a 250,000 increase in oat planted area being matched by a similar sized reduction in flaxseed sowings, there seems to be a few more extra "floating acres" around that could also go into rapeseed production this year.