As of December 31, 2018, total stocks of most major field crops in Canada were down from the same date in 2017.

Total stocks for wheat, barley, soybeans, corn for grain, lentils, and dry peas were lower than the previous year, while stocks for canola increased.

In general, the decline in total stocks was the result of lower production of almost all major field crops in 2018, combined with higher exports.

Wheat

At the national level, total wheat stocks on December 31, 2018 were down 0.2% from the same period in 2017, to 23.2 million tonnes. On-farm stocks fell from 19.5 million tonnes in 2017 to 19.1 million tonnes in 2018. The decrease in on-farm stocks offset the increase in commercial stocks, which rose 9.2% to 4.1 million tonnes in 2018.

While wheat production rose 6.0% at the national level in 2018, higher exports drove wheat stocks lower. Wheat exports increased 13.5% from the same date one year earlier to 10.0 million tonnes on December 31, the highest export volume for the same period since 2014.

Canola

Canola stocks rose to a record-high 14.6 million tonnes in 2018, a 4.9% increase from the previous year. On-farm stocks rose 6.3% over 2017 to 13.4 million tonnes. Commercial stocks decreased to 1.2 million tonnes in 2018, from 1.3 million tonnes in 2017.

Despite lower total production in 2018, canola stocks rose compared with one year earlier, due in large part to lower exports and high carry-in farm stocks from the previous crop year. Lower prices in the second half of the calendar year, combined with poor weather conditions in the Prairies during harvest, contributed to a decline in deliveries compared with the previous year.

Corn for grain

At the national level, corn for grain stocks fell 7.4% from December 31, 2017 to 11.5 million tonnes. On-farm stocks decreased from 9.5 million tonnes in 2017 to 8.5 million tonnes in 2018. Conversely, commercial stocks increased 0.6% over 2017 to 3.0 million tonnes.

Soybeans

Total stocks of soybeans in Canada fell from 4.4 million tonnes on December 31, 2017 to 4.0 million tonnes in 2018. On-farm stocks fell 12.9% from the same date in 2017 to 2.6 million tonnes. Meanwhile, commercial stocks rose 0.8% over the same period to 1.4 million tonnes.

Barley

Overall stocks of barley decreased to 4.9 million tonnes in 2018, down 1.1 million tonnes from the previous year. The decline was primarily fuelled by on-farm stocks, which fell 19.3% compared with 2017 to 4.6 million tonnes. Commercial stocks rose to 296 000 tonnes (+5.7%) compared with one year earlier.

Oats

As of December 31, 2018, total stocks of oats were down 19.7% year over year to 2.3 million tonnes. On-farm stocks fell 22.1% to 2.1 million tonnes, while commercial stocks rose 15.8% to 220 000 tonnes.

Dry peas and lentils

Nationally, stocks of dry field peas declined 11.4% from the same date in 2017 to 2.5 million tonnes.

More Ag News

Farmers Learn More About Advancements In Sprayer Technology

Farmers taking part in the Nutrien Ag Solutions event yesterday got some key information. Tom Wolf from Agrimetrix Research and Training shared some interesting stats from John Deere that showed…

Province's Carbon Tax Case at Court of Appeal

The province got a lot of support for its court case against the Federal Government’s Carbon Tax. Yesterday, representatives for the Provinces of New Brunswick and Ontario spoke in support of…

CWA Next Gen Agriculture Program

Canadian Western Agribition has selected the mentees for the CWA Next Gen Agriculture Program. The eighteen-month mentorship program aims to create a community of graduates with a deeper…

February 12 is Canada's Ag Day

Agriculture is taking centre stage on Tuesday in celebration of Canada's Ag Day. Agriculture More Than Ever Manager, Debbie Bailey, says the day is about getting people together to talk about their…

Saskatchewan's Carbon Tax Challenge Hits The Courtroom This Week

The Provincial Government is asking the Appeals Court to rule on whether the Federal Government’s carbon tax is constitutional. The Agricultural Producers Association of Saskatchewan has been granted…

Top Notch Farming Meetings Focus on Clubroot

Producers taking part in the Top Notch Farming Meetings this month are learning more about the spread of Clubroot in the Province. Barb Ziesman, the Province's Plant Disease Specialist, says…

Herbicide Carryover Could Be A Concern In 2019

Farmers are being reminded about the potential this year for herbicide carryover. It’s especially a concern in the Southwest, which has had two years of extremely dry conditions. Shannon Chant, a…

CanFax Manager Optimistic About Calf Prices This Fall

The Manager of Canfax Research Services says they were surprised by last year's calf prices. Brenna Grant says they remained steady at 222 dollars per hundred weight. "That was really encouraging to…

Forward Hog Contract Prices Weaken

Forward hog contract prices have softened a little bit. Tyler Fulton is the Director of Risk Management with Hams Marketing Services. "They finished last week a bit higher, but in general they've…

Stats Can Releases Dec Stocks Report

As of December 31, 2018, total stocks of most major field crops in Canada were down from the same date in 2017. Total stocks for wheat, barley, soybeans, corn for grain, lentils, and dry peas were…

WestCentralOnline.com is West Central Saskatchewan's only source for community news, weather, and information.

Search the Biz Guide

Login