# Sunflowers down, but not out in Western Canada - Grainews

> Statistics Canada's planting intentions put Canadian sunflower area at 50,000 acres for 2017, down from 70,000 the prior year and the second-lowest in 40 years. The industry believes actual acreage may be 5,000 to 10,000 acres higher, and confectionery contract prices are up on the year.

- Date: 2017-05-04 · published 2017-05-04T12:00:00.000Z
- Category: report · region Canada · magnitude low
- Page: https://feedsoft.ai/events/71121-sunflowers-down-but-not-out-in-western-canada-grainews
- Commodities: [Sunflower Meal](https://feedsoft.ai/c/SUNMEAL.md)

## Why it matters

Smaller Canadian sunflower area tightens local seed supply, but the crop is small enough that the effect on global sunflower meal and oil prices is limited.

## Read by commodity

- SUNMEAL: bullish ▲

## Sources

- grainews.ca: https://www.grainews.ca/daily/sunflowers-down-but-not-out-in-western-canada/

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