August 27, 2012

Canada's stocks of the major grains and oilseeds at the end of the 2012-13 (August-July) crop year will be a bit lower than what was anticipated a month ago but will stay well above the level forecast for the 2011-12 season.

According to updated supply/demand tables from Agriculture and Agri-Food Canada's market analysis division, ending stocks of the eight major grains and oilseeds in 2012-13 were pegged at 10.320 million tonnes. The projection was down from the month ago estimated of 11.090 million tonnes, but above the 2011-12 forecast of 9.800 million tonnes.