Canada: Barley stocks decrease by 26.6% as of March 31
On March 31, 2019, stocks of wheat, barley, corn for grain, oats, dry peas and lentils were down in Canada compared with the same date in 2018. Conversely, stocks of canola and soybeans were up year over year. Lower stocks were generally a result of lower on-farm stocks, Statistics Canada reported.
Total barley stocks decreased from the same date in 2018, falling 26.6% to 2.5 million tonnes on March 31, a record low for this period. On-farm stocks fell 28.4% to 2.2 million tonnes, while commercial stocks decreased 10.0% to 306 000 tonnes.
Lower year-over-year inventories of barley combined with higher exports to decrease stocks. Low global stocks, strong world prices for feed barley, and low world supplies of malting barley likely drove exports higher (+10.3%) compared with March 31, 2018.
Back
E-malt.com, the global information source for the brewing and malting industry professionals. The bi-weekly E-malt.com Newsletters feature latest industry news, statistics in graphs and tables, world barley and malt prices, and other relevant information. Click here to get full access to E-malt.com. If you are a Castle Malting client, you can get free access to E-malt.com website and publications. Contact us for more information at marketing@castlemalting.com .
