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StatsCan Trims Canola Estimate

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Canada s 2011 canola crop prospects shrunk since a midsummer forecast, while the outlook for the wheat harvest grew slightly, Statistics Canada said last Tuesday. It estimated the all-wheat crop at 24.16 million tonnes, up from 23.2 million tonnes a year ago, mainly due to a rise in durum production to 3.94 million tonnes from 3.025 million tonnes in 2010, StatsCan said. StatsCan unexpectedly reduced its canola production estimate to 12.928 million tonnes still a record high from 13.2 million tonnes in its midsummer survey. Reuters



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