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Canadian Crop Statistics

09 May 2012

Canada Field Crop Reporting Series - 9 May 2012Canada Field Crop Reporting Series - 9 May 2012

As of March 31, total stocks of canola and wheat were down compared with the same date in 2011. Total stocks of corn for grain and soybeans increased to record levels
Canadian Crop Statistics

Despite a record harvest of canola in 2011, total stocks stood at 4.3 million metric tonnes as of March 31, 2012, down 30.6% or 1.9 million tonnes from the same date in 2011. The drop was primarily in on-farm stocks, where levels fell by 1.7 million tonnes.

Total wheat stocks declined by 8.4%, or 1.3 million tonnes, to 14.5 million tonnes. This decline occurred despite a 9.0% increase in the production of wheat in 2011. Commercial stocks increased 10.8% to 4.7 million tonnes, while on-farm stocks fell 15.3% to 9.8 million tonnes.

Despite an 8.8% decrease in the production of corn for grain in 2011, stocks rose 8.1% from 2011 to a record 6.2 million tonnes in 2012. This level was 2.5% higher than the previous record of 6.0 million tonnes in March 2009. Commercial stocks were down slightly from the March 2011 levels, while on-farm stocks were up 13.3% to 4.4 million tonnes.

Soybean storage was also at a record level in March 2012, as total stocks increased 19.0% to 1.9 million tonnes. Soybean production fell 2.3% in 2011 from a record high the previous year. The increase in total stocks was concentrated on farms, where stocks rose 34.4%.

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