# Less canola, more barley area expected in next StatsCan report - Country Guide

> MarketsFarm reports Canadian farmers are expected to plant less canola and more barley in 2019, ahead of Statistics Canada's seeded area estimates. Traders estimate barley acres at 7.0 to 7.5 million, versus 6.493 million grown in 2018-19 and 7.155 million in March estimates. Canola acreage is expected to fall below April estimates due to China's block on Canadian canola.

- Date: 2019-06-24 · published 2019-06-24T12:00:00.000Z
- Category: report · region Canada · magnitude low
- Page: https://feedsoft.ai/events/58665-less-canola-more-barley-area-expected-in-next-statscan-report-country-guide
- Commodities: [Barley](https://feedsoft.ai/c/BARLEY.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

Higher barley acreage and strong barley prices after a US weather-driven feed grain rally point to adequate supply later, while smaller canola area tightens meal supply for feed buyers and supports canola meal prices.

## Read by commodity

- BARLEY: bearish ▼
- CANMEAL: bullish ▲

## Sources

- country-guide.ca: https://www.country-guide.ca/daily/less-canola-more-barley-area-expected-in-next-statscan-report/

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