According to the most recent data from Agriculture and Agri-Food Canada (AAFC), Canada’s farm ministry, the country’s producers are expected to “shift into alternative crops away from oilseeds” for the 2020-21 season.
This, it believes, could results in the canola seeded area dropping 2% to 8.3m hectares.
But farmers are not expected to swop to wheat. The organisation forecast the wheat area in Canada to remain relatively similar to the 2019-20 season, with a 17% increase in the winter wheat being offset by a 1% decrease in the spring wheat area.
In general, average yields are expected to increase from 2019-20 after excessive moisture conditions in some areas reduced yields the year before.
Other live forecasts updated today: