SOYBEAN ACRES FORECAST TO DECLINE 3.4%, CORN UP 6.2%-STATSCAN

on April 29 | in Tek Talk | by | with No Comments

From Statistics Canada’s The Daily

Soybeans

The total area to be planted with soybeans is expected to decrease to 5.4 million acres in 2015, down 3.4% from the 2014 record level of 5.6 million acres.

Producers in Ontario intend to seed 2.9 million acres, a decline of 6.5%. Quebec farmers also expect a decrease in area to be seeded to soybeans, down 9.5% to 778,400 acres. Meanwhile, farmers in Manitoba (up 2.4% to 1.3 million acres) and Saskatchewan (up 24.1% to 335,000 acres) anticipate seeding more soybeans. All four provinces sowed record acreages in 2014.

Meantime Corn for grain seeded area is expected to increase 6.2% in 2015 to 3.3 million acres. Ontario farmers anticipate planting 2.1 million acres, up 11.5% from 2014. In Quebec, corn for grain area is expected to rise 8.6% to 952,600 acres.

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