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Canadian canola, wheat stocks shrink less than expected

Sept. 15, 2016 - Canadian canola and wheat stockpiles were sharply lower in midsummer from a year earlier but bigger than expected, a Statistics Canada report shows.

Statscan pegged the all-wheat stocks as of July 31, at 5.2 million tonnes, down 27 percent from a year ago but far exceeding the average trade expectation of 4.29 million tonnes.

Canola supplies amounted to 2 million tonnes, down 21 percent but topping the average trade guess of 1.27 million tonnes. | READ MORE.

September 15, 2016  By Reuters Canada