Canada Markets
Cliff Jamieson Canadian Grains Analyst
Tue Aug 26, 2014 05:18 PM CDT

Despite the significant carryout of grains in the 2013/14 crop year, inventory found in Western Division primary elevators of 2.576 million metric tonnes as of week 2 is just 7.9% above the five-year average of week 2 stocks (2009 through 2013). In three out of the five years -- 2009, 2010 and 2011 -- week 2 elevator primary elevator stocks were reported higher than the current level of stocks.

While current week 2 stocks are 64% above the week 2 stocks reported in 2013/14, stocks are well below the levels reported through much of last crop year due to slowdowns ...

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