Stats Canada released its quarterly stocks estimates this morning, and today's numbers again highlighted the magnitude of Canada's 2013 crop production.
Stats Canada released its quarterly stocks estimates this morning, and today's numbers again highlighted the magnitude of Canada's 2013 crop production. All wheat stocks as of 31 March totaled 31.2 MMT, compared with 14.5 MMT a year ago. Canola stocks reached 9 MMT, compared with 4.5 MMT a year ago. Bartley stocks were also sharply higher at 4.3 MMT, compared with 3 MMT on 31 March 2013. The wheat stocks number was the largest in 20 years, while the canola stocks number was an all-time record. None of these numbers were a surprise to the market. The huge 2013 crop production coupled with...
What You Need to Know Today: U.S. weather is getting more attention this week as conditions vary greatly across the western, central, and eastern corn belts, with the different regions battling dryness and too much rain simultaneously. The ProFarmer Crop Tour began today in Indiana and Nebrask...
Key Takeaways: Argentina is on pace for a record corn crop and record exports in the current marketing year, with abundant supplies likely to keep the country highly competitive in global export markets. Argentina’s record exportable surplus is allowing it to offer highly competitive pri...
