21.
04.17
15:40

CBoT wheat releases area estimates under pressure / Canada

The may appointment of SRW Wheat futures in Chicago fell today after the announcement of the Canadian acreage estimates on its historically lowest level since the founding of the due date.
Canada expects a total wheat cultivation area 2016 2017 23,18 million acres versus 23,21 million acres. A survey conducted among 11,600 Canadian farmers beyond showed an increase of canola acreage 2017 9.9% on 22,387 million acres (2016: 20.4 million acres. More estimates, see the following table:
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