August 10, 2009

Canadian grain and oilseed production in 2009-10 will be higher than an earlier projection but will still be well below last year's level, according to Agriculture and Agri-Food Canada's market analysis division.

Production of the eight major grains and oilseeds in 2009-10 was forecast at 59.261 million tonnes, Ag Canada said Friday (August 7). This is up from the July 10 projection of 58.936 million tonnes, but significantly below the 2008-09 level of 72.635 million.

The eight major grains and oilseeds are canola, flaxseed, soy, wheat, oats, barley, corn and rye.

Total exports of the eight major grains and oilseeds in 2009-10 were pegged at 30.075 million tonnes, up slightly from the July forecast of 29.950 million but down from the 2008-09 level of 33.150 million.

Total domestic usage of the various grains and oilseeds for the 2009-10 crop year was estimated at 35.485 million tonnes. This was unchanged from the July forecast but down from the 2008-09 level of 38.827 million.

Ending stocks of the eight major grains and oilseeds in 2009-10 were pegged at 9.905 million tonnes, unchanged from the July projection. Ending stocks at the end of the 2008-09 crop year were 13.175 million tonnes.