Record Canadian Rapeseed Plantings

27/06/12 -- StatsCanada are out today with their latest revised planting estimates for the 2012 harvest. They forecast the all wheat area at 23.81 million acres, 11% up on last year, although fractionally below the 23.9 million that the trade was expecting.

Barley plantings are pegged at 7.37 million acres, 14% up on last year but lower than the 7.9 million anticipated. Rapeseed sowings are estimated at a record 21.27 million acres, 13% higher than a year ago and above the 20.9 million that the trade expected.