Bloomberg: 'The historic surge in wheat prices is expected to spur Canadian farmers to sow more acres.
'Acres of spring wheat in Canada, one of the world’s top exporters, could rise 2% to 3% in 2022 as soaring prices encourage growers to shift acres from oats, pulses and durum, said Neil Townsend, chief market analyst at FarmLink in Winnipeg, Manitoba.
'Russia’s invasion of Ukraine is hindering shipments from one of the world’s vital breadbaskets, leaving grain importers scouring for supplies elsewhere.'
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