News Details

Stats Canada 19 Planting Report surprises with much higher than expected all wheat acres 25.674 above the high end of the range vs. 24.80

(Apr 24, 2019)
Spring wheat also much higher 19.387 vs. expected 17.311 and durum acres pegged at 5.021 vs. expected at 5.2 and 2018 at 6.18. 2019 canola acres came in lower than expectations at 21,214 but not as low as some thought as the tensions with China continue vs. expected at 21.8 and last year at 22.81 million acres. Soybean acres were lower at 5.646 vs. expected at 6.4 and last year at 6.32. Corn acres above at 3.795 vs. expected at 3.7 and last year 3.63.
Maurizio “Moe” Agostino
Moe is the Chief Commodity Strategist. He is responsible for developing plans and assisting clients in the feed, grain and livestock industry to help them protect themselves from commodity price swings. Moe holds a Derivatives Market Specialist (DMS) designation as well as an Honors Degree in Business Administration. Moe has more than 15 years of financial services industry experience.