Canola Acreage To Rise! Ag Canada Says!

[SASKFARMER3]

Canola Acreage To Rise, Memo to Ag Canada, Canola acres are dropping. Ag Canada expects canola seedings to rise by 175,000 hectares to 8.40 million hectares this year, "because of attractive prices relative to other western Canadian field crops".
That would lift production by 445,000 tonnes to 16.0 million tonnes.
However, the stronger harvest will prove unable to match demand growing particularly in Canada itself, boosted by expansion to crushing capacity.
Stocks will fall 50,000 tonnes to 1.40 million tonnes.
Prices will average $430-480/t, compared with $450-480/t season, undermined by "lower world prices for oilseeds, vegetable oils, protein meals and crude oil", AAFC said.
Production Ending Stocks
15/16 14/15 13/14 15/16 14/15 13/14
Jan 23 Jan 23
All Wheat 30.000 29.281 37.530 4.800 6.200 9.795
Durum 5.800 5.193 6.505 1.200 1.200 1.813
Barley 7.875 7.119 10.237 0.500 0.600 1.924
Corn 12.180 11.487 14.194 0.800 0.900 1.494
Oats 3.200 2.908 3.906 0.950 0.900 1.031
Canola 16.000 15.555 17.966 1.400 1.450 2.363
Flaxseed 0.975 0.847 0.724 0.150 0.150 0.100
Soybeans 6.650 6.049 5.359 0.275 0.250 0.218
Total 77.278 73.594 90.293 8.910 10.490 16.974

Well I'm here from the Government to help you.
Again Someone at AG Canada must sit on the Canola Council board and is trying real hard to get farmers to grow Canola.
Acreage will be down, way down. Other crops make more money and cost way less to grow.

[SASKFARMER3]

Ah Reports for what we are going to seed months ahead of any snow gone.
Western Canadian farmers are listening to presentations by market analysts at farm shows and scouring the Internet in an effort to formulate their 2015 seeding plans, says Neil Billinger in this week's FCC Express.
Growers want to be ahead of the curve and grow crops that will be worth more after harvest.
CWB weather and crops specialist Bruce Burnett gazed into his crystal ball during Crop Production Week in Saskatoon and came up with the following estimates for Western Canada. The numbers in brackets represent acreage change in percent compared to 2014.
- Spring wheat - 17.7 million acres ( 2.4)
- Durum - 5.6 million acres ( 17.9)
- Oats - 2.95 million acres ( 1.9)
- Barley - 5.75 million acres ( 5.7)
- Flax - 1.65 million acres ( 6.1)
- Peas - 4.13 million acres ( 8.7)
- Lentils - 3.35 million acres ( 7.7)
- Soybeans - 1.75 million acres ( 13.6)
- Canola - 20.6 million acres ( 1.7)
Estimates for all of the major crops are higher because of the large amount of unseeded and abandoned acres due to flooding over significant portions of eastern Saskatchewan and western Manitoba in 2014.

[bigzee]

Can't see that happening, but stranger things have happened. Personally, I cut half my acres this wk end. All the other crops have come into price line where canola is which makes them worth growing at less risk. Every crop has risk but canola with high inputs and huge supplies of beans makes it more of a risk to net a decent return.