This study looks at potential outcomes for 2021-22 canola stocks based on current government forecasts for carry-in and demand while varying seeded acres and yields.
Canada s total grain stocks fell in the year-ending Dec. 31, with drops seen in the countries largest crops of wheat and canola. The current pace of demand is a reminder of the need to ration canola demand over the balance of the crop year.
Canada s wheat exports continue strong, while export forecasts for Canada were revised higher by the USDA this week. Even the average pace of movement achieved during the past five years could see us reach and even exceed this forecast.