Canola, soybeans and oat stocks down compared to 2016, says Stats Canada

May 05, 2017

Wheat, corn for grain and barley stocks rose

By Diego Flammini
Assistant Editor, North American Content
Farms.com

Total 2017 stocks of canola, soybeans and oats are down when compared to March 31, 2016, according to a new report from Stats Canada.

The March Farm Survey collected information from 11,600 farmers between March 16 and 31.

Total wheat stocks were at 16.6 million metric tonnes on March 31 of this year, up 15.5 per cent from March 31, 2016, according to the information released May 5.

In Saskatchewan, stock levels were up by 11.1 per cent to 5.9 million tonnes, and wheat stocks in Alberta jumped by 26.9 per cent to 4.2 million tonnes.

Canola
Canola stocks were down by 23.3 per cent on March 31, to 6.6 million tonnes, when compared to data from 2016. On-farm stocks in Saskatchewan fell by 32.1 per cent to 2.3 million tonnes, and farm stocks in Alberta decreased by 24.5 per cent to 1.8 million tonnes.

Corn for grain
Compared to information from 2016, grain corn stocks were up by 7.7 per cent as of March 31, 2017, totaling 8.4 million tonnes. Farm stocks in Quebec jumped by 6.2 per cent to 2.1 million tonnes.

Soybeans
Soybean stocks fell by 4.2 per cent to 1.9 million tonnes. On-farm stocks dropped by 19.6 per cent to 930,000 tonnes. In Ontario, on-farm stocks decreased by 33.8 per cent to 460,000 tonnes.

Barley and oats
Total barley stocks increased by 22.6 per cent to 4.6 million tonnes as of March 31, which is a 6.8 per cent increase from data in 2016. Farm stocks rose by 24.2 per cent to 4.3 million tonnes.

Oat stocks decreased by 8.5 per cent to 1.7 million tonnes.

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