Sarnia

Record Canadian Soybean Stocks On March 31st

Canadian soybean stocks were a record 2 point 1 million tonnes on March 31st.

Statistics Canada says that's an increase of over 45 per cent from a year ago.

One farm stocks of soybeans are up just over 12 per cent while commercial stocks more than doubled, up over 121 per cent from 2014.

Statscan says total wheat stocks were down just over 25 per cent, including a more than 31 per cent drop in on-farm stocks.

Total stocks of corn for grain in Canada at the ned of March was 6 point 5 million tonnes - down almost 19 per cent from a year earlier.

Farm stocks were down almost 19 per cent, commercial stocks were down just over 19 per cent.

Statscan says Canadian canola stocks were almost 19 per cent lower than a year ago while barley stocks were down 23 point 4 per cent and oat stocks were down just over 27 per cent.

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