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Canadian Canola, Barley Stocks Down, Corn Up

13 May 2011

CANADA - Canadian stocks of barley and canola at the end of March were down from year earlier levels, Statistics Canada reported Friday.

After improved production last year, stocks of corn were higher than in 2010, writes Feedstuffs.

Canola stocks were down by more than 22 per cent. Canadian farmers had 4.9 million metric tonnes of canola in on-farm storage at the end of March. Commercial stocks of canola stood at 1.4 million tonnes.

Barley stocks were down to 3.5 million tonnes at the end of March, 31 per cent lower than in 2010 as a result of farmers' decision last year to cut acreage going into the crop.

"Total stocks of corn for grain at the national level reached 5.9 million tonnes as of March 31, up 1.9 per cent from the same date in 2010, and remained near the record high of 6.0 million tonnes set in 2009," the national reporting agency said.

"There was a strong increase in crop production in 2010, the result of large increases in crop yield. Over the last four years, the total stocks of corn for grain have been close to the 2009 record high," the government agency continued.

On farm stocks were tight for most crops.

TheCropSite News Desk

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