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Stats Canada grain on farms

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    Stats Canada grain on farms

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    Wheat
    Total wheat stocks were at 16.6 million metric tonnes as of March 31, 2017, up 15.5% from the same day a year earlier. This increase resulted from higher stock levels being held on farms, up 17.5% to 12.2 million tonnes, and a 10.2% rise in commercial stocks to 4.4 million tonnes. Farm stock levels in Saskatchewan increased by 11.1% to 5.9 million tonnes, while farm stocks in Alberta increased 26.9% to 4.2 million tonnes.

    Canola
    As of March 31, total canola stocks were down 23.3% from the same day a year earlier to 6.6 million tonnes. This decrease resulted from a 28.0% decline in on-farm stocks to 5.0 million tonnes. On-farm stocks in Saskatchewan were down 32.1% to 2.3 million tonnes, while farm stocks in Alberta fell 24.5% to 1.8 million tonnes. Commercial stocks also contributed to the overall decrease as they were down 3.4% to 1.6 million tonnes.

    Corn for grain
    Corn for grain stocks were up 7.7% from the same reference date a year earlier, to a record high 8.4 million tonnes. Commercial stocks were up 40.6% to 2.8 million tonnes while farm stocks were down 3.6% to 5.6 million tonnes. Farm stocks in Quebec increased 6.2%, to a record high 2.1 million tonnes for a March 31 stock levels reading.

    Soybeans
    Soybean stocks decreased 4.2% to 1.9 million tonnes as of March 31, despite a 1.4% increase in production in 2016. On-farm stocks were down 19.6% to 930 000 tonnes, mainly driven by Ontario, where they fell 33.8% to 460 000 tonnes. Commercial stocks increased 18.6% to 925 000 tonnes.

    Barley and oats
    Total barley stocks increased 22.6% to 4.6 million tonnes as of March 31, following a 6.8% gain in production in 2016. Farm stocks grew 24.2% compared with the same day a year earlier, to 4.3 million tonnes. The commercial stock levels increased 4.6% to 317 100 tonnes.

    After an 8.2% year-over-year decline in oat production in 2016, total oat stocks decreased 8.5% to 1.7 million tonnes compared with March 31, 2016. Both farm stocks (-6.8%) and commercial stocks (-19.1%) contributed to the overall decrease.

    So why not tell us how much of that grain is shit durum that no one wants. No they can't figure that out.

    Canola the bins are empty.

    #2
    2015-16 crop year from early April to July 31 the industry went through about 6.6 MMT
    Latest forecast of Mar 31 stocks 6.6 MMT

    6.6-
    6.6
    0
    Not happening. So what is it?
    I'm going with 1) More stocks than reported 2) Some crusher shutdowns will occur.

    On the bullish side:
    Spring threshed is not going flawlessly
    Soybeans and Soyoil have helped out lately but don't think it has much higher to go?
    CAD is very weak, maybe not much lower?
    Price rationing is inevitable unless producer deliveries keep up with demand, meaning more stocks than thought

    Comment


      #3
      Lots of maintenance will get done on crushing plants this summer. Finally getting nice weather here for the first time since late September so checked on spring thrash canola. It is mostly dry but has a fair bit of mold on it I think. Never had spring thrash before. My guess is not worth harvesting. Did see some combining going on in central AB.

      Comment


        #4
        stats can a complete waste of time even looking at . completely irrelevant and the only time it's used is if it can help prices drop
        Last edited by Guest; May 5, 2017, 13:16.

        Comment


          #5
          that pic brings back some horrible memories of cutting flax straw out of beaters on feeder house with a chain saw on a 760 massey

          Comment


            #6
            Oh man I was never happier than when our last MF was sold and driven off the farm.

            Comment


              #7
              At one time they were King. I didnt like the paddles. Someone said if you timed the feeder house paddles so the were all parallel to each other(not offset), that helped. Flax straw is flax straw no matter what. We used undersized 850's way too long...but back then I was paying for expensive $400/ac land ;-)....

              Comment

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