My father is a (retired) farmer. Wheat is a pretty reliable crop that pays for itself, but you don't really make money on it. So, you grow some wheat, and you grow other stuff, such as canola, in order to get paid. With the elevated prices, a bit more wheat may have been planted this year, but you have to remember that the prices of the inputs have gone up as well, particularly fertilizer and fuel. Moreover, any land used to grow wheat is not growing something else. In the end, it doesn't make a lot of economic sense to increase wheat production when you can use the land and resources for higher value crops.