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Canadian farmers planted more canola than wheat this year, the first time on record. Canola has overtaken wheat as the country's largest crop by acreage.
Shifting acreage toward canola raises future canola supply and reduces wheat plantings, which shapes oilseed meal and wheat balances.
bloomberg.comGreg Quinn, Jen SkerrittJun 29, 2017Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
