Agriculture Roundup for Monday May 10, 2021
MELFORT, Sask. — Statistics Canada has released a report on stock levels to the end of March. The new figures show lower inventories for nearly every Canadian grain, oilseed, and pulse crop.
Total stocks of canola fell nearly 38 per cent to 6.6 million metric tonnes to the lowest level since 2013.
Wheat stocks are estimated at 16.2 million tonnes which is down 13.6 percent from one year ago. Barley stocks to the end of March were 2.8 million tonnes. It is a decline of 20.5 percent.
Oat stocks remained relatively steady while peas were down 1.7 per cent to 1.9 million tonnes.