Sask. Canola Producers Seek China Resolu- tion as Seeding Begins A new report from Statistics Canada says con- cerns over access to the Chinese market could lead to less canola being seeded by Saskatchewan this year. The per-bushel price for canola has gone down to around $9.50 from $10.50. Saskatchewan farmers are expecting to plant 11.7 million acres of canola in 2019, down from 12.4 million acres in 2018. Source: cbc.ca, April 24, 2019 Calculate the price elasticity of supply of canola assuming no change in the supply of canola. Is the supply of canola elastic or inelastic?