Despite Flooding / Moisture Problems, North Dakota Likely To Be #1 In Oil This Year -- Canola Oil

Link here (regional links break early).

Despite fewer acres, officials are saying canola should be strong enough for good returns and keep North Dakota as the number one canola producer in the U.S.

In 2010, North Dakota produced 89 percent of the nation’s canola crop, according to the U.S. Department of Agriculture National Agriculture Statistics Service. North Dakota saw a 27 percent decrease in the number of acres planted compared to last year.

I am always impressed how fast farmers can respond to changes in the market.

[North Dakota State University Research Agronomist Eric] Eriksmoen said that area farmers may have chosen to replace other crops because of crop rotations or because of the attractive prices when planning what crops to plant earlier this year.

One has to love the agronomist's Scandinavian name.