Скачать или смотреть Planting intentions report, StatsCan April 2023, with Jon Driedger of Leftfield Commodity Research

Statistics Canada says wheat acres across Canada will be the highest they've been in more than twenty years, while area planted to canola, corn, barley, and soybeans will also climb in 2023.

However there's an asterisk beside those numbers, as the agency also announced a major change to the methodology behind its seeding intentions report released on Wednesday.

Rather than surveying farmers in March as in the past, StatCan says the 2023 acreage estimates are based on a farmer survey that was conducted from December 12, 2022, to January 14, 2023.

"This change is part of the ongoing AgZero initiative within the Agriculture Division at Statistics Canada, which aims to assess the feasibility of using alternative methods to produce quality estimates," the report explains.

The early timing means price declines that have occurred in the meantime, as well as information about crop insurance coverage for 2023, were not accounted for in farmers' responses to the survey.

With that in mind, StatCan projects 27.0 million acres of wheat will be seeded in 2023, up 6.2 per cent from last year. Spring wheat area is projected to climb 7.5 per cent, to 19.4 million acres, while winter wheat area is estimated at 1.5 million acres, up 12.7 percent. This would be the largest national wheat area since 2001.

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