# Canada: doubt cast on expectations for drop in canola acreage 28.01.2022 - UkrAgroConsult

> Agriculture Canada forecasts canola plantings of 21.7 million acres, down 3%, with yields of 41.2 bushels per acre. MarketsFarm analyst Bruce Burnett expects acreage to rise 3-5% and questions the yield assumption given soil moisture.

- Date: 2022-01-28 · published 2022-01-28T12:00:00.000Z
- Category: report · region Canada · magnitude medium
- Page: https://feedsoft.ai/events/43110-canada-doubt-cast-on-expectations-for-drop-in-canola-acreage-28-01-2022
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

A larger-than-forecast canola crop would ease supply tightness, while a smaller one or drought-hit yields would support canola meal and oil prices.

## Read by commodity

- CANMEAL: neutral

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/canada-doubt-cast-on-expectations-for-drop-in-canola-acreage/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.