Dry conditions in much of the Prairies this spring may leave seeding areas relatively unchanged ahead of Statistic Canada’s principal field crop report, due to be released tomorrow (Wed).
It will be the second survey-based acreage report for the 2023-24 marketing year, after the first one was released in April.
While growing conditions have been dry across the Prairies this season so far, there were a few waterlogged fields keeping growers away.
Analysts’ projections are very narrow in range and StatCan’s April estimates fell within those projections, except for canola.
StatCan’s April estimates were subject to scrutiny as they were based on a survey conducted during December 2022 and January 2023, two months earlier than in past surveys.