Stocks of principal field crops, March 31, 2024

As of March 31, 2024, total stocks of wheat, oats, corn and soybeans were all down, while stocks of canola and barley increased, compared with the same period in 2023.

Wheat

Total wheat stocks were down 15.4% year over year to 11.8 million tonnes as of March 31, 2024. On farm stocks fell 15.9% to 8.4 million tonnes, while commercial stocks decreased 14.2% to 3.4 million tonnes.

Off-farm wheat deliveries fell 3.6% to 23.2 million tonnes, while exports fell 4.8% to 16.8 million tonnes. Despite the decrease from the same period one year earlier, both remained well above previous five-year averages.

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