Statistics Canada released its grain and oilseed stocks in all positions report on Thursday. Stats Can pegged total wheat stocks at the end of 2023 at 20.7 million metric tons. That is down ten percent from the end of 2022 primarily on a 1.1-million-ton decline in durum stocks. Canola stocks are up one percent year-over-year. Intelli-Farm President Brian Voth said there was nothing out of the ordinary in this report. “Oats had a massive drop in stocks, down about 40 percent year-over-year, but our acres were down 35 or 36 percent last year as well. It’s some big changes, but nothing unexpected or out of the ordinary from what I can see.”
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