NEWS
Canada Markets
Cliff Jamieson Canadian Grains Analyst
Fri Jan 30, 2015 04:42 PM CST

On February 4, Statistics Canada is due to release its first look at Canadian grain stocks this crop year by releasing estimates of grain stocks as of December 31. While not a forecast for the upcoming report, this analysis looks at the implied level of stocks given Agriculture and Agri-Food's estimates of 2014/15 total supply and deducting the five-year average demand or disappearance for the August 1 to December 31 period in order to calculate December 31 stocks, as seen by the blue bars on the attached chart. These volumes are then compared to the five-year average of December 31 ...

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