# Canada: Less rapeseed and soy grown in 2019 market

> Statistics Canada reported that rapeseed area fell 8.2% to 8.5 million hectares and soybean area fell 9.6% to 2.3 million hectares. Barley area rose 14% to nearly 3 million hectares, while maize area rose 1.9%.

- Date: 2019-06-27 · published 2019-06-27T12:00:00.000Z
- Category: report · region Canada · magnitude medium
- Page: https://feedsoft.ai/events/58698-canada-less-rapeseed-and-soy-grown-in-2019-market
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

A smaller canola crop and reduced Canadian meal supply support canola meal prices, while more barley supply is bearish for barley and a substitute in feed rations.

## Read by commodity

- BARLEY: bearish ▼
- CANMEAL: bullish ▲

## Sources

- zmp.de: https://www.zmp.de/en/futures/oilseeds/news/market-report-canada-less-rapeseed-and-soy-grown-2019-2019-06-27

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