# Canadian farmers react to market signals - Grain Central

> Statistics Canada's principal field crop report projects Canadian farmers will seed 1.8% more area to field crops in 2021/22, with canola and barley gaining at the expense of wheat, oats and pulses. Total wheat area is forecast to fall 6.9% to 9.41 million hectares, the lowest in four seasons.

- Date: 2021-05-04 · published 2021-05-04T12:00:00.000Z
- Category: report · region Canada · magnitude medium
- Page: https://feedsoft.ai/events/47060-canadian-farmers-react-to-market-signals-grain-central
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

A smaller Canadian wheat crop tightens exporter supplies and supports wheat prices, while the shift toward canola and barley changes feed grain availability.

## Read by commodity

- WHEAT: bullish ▲
- BARLEY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2024-07-02 | [Canadian wheat and barley areas fall: Grain market daily](https://feedsoft.ai/events/29320-canadian-wheat-and-barley-areas-fall-grain-market-daily.md) | +8.9% | +0.6% |
| WHEAT | 2024-06-28 | [Canadian wheat and barley areas fall: Grain market daily \| AHDB](https://feedsoft.ai/events/29833-canadian-wheat-and-barley-areas-fall-grain-market-daily-ahdb.md) | -2.2% | +3.1% |
| WHEAT | 2018-06-27 | [Daily Market Wire 29 June 2018 - Grain Central](https://feedsoft.ai/events/8585-daily-market-wire-29-june-2018-grain-central.md) | -4.3% | +1.3% |
| WHEAT | 2020-06-30 | [Daily Market Wire 30 June 2020 - Grain Central](https://feedsoft.ai/events/52723-daily-market-wire-30-june-2020-grain-central.md) | -7.0% | -5.2% |
| WHEAT | 2020-10-01 | [Daily Market Wire 1 October 2020 - Grain Central](https://feedsoft.ai/events/50597-daily-market-wire-1-october-2020-grain-central.md) | +2.1% | +3.5% |

## Sources

- graincentral.com: https://www.graincentral.com/markets/canadian-farmers-react-to-market-signals/

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