Canada: Grain and Feed Annual
FAS/Canada projects strong exports and sustained livestock feeding to drive carryover stocks lower for most grain and feed commodities, with non-durum wheat and barley on pace to reach ten-year low levels. Increased uncertainty in oilseed markets and strong livestock feed demand are expected to push area planted higher for most grains in marketing year 2019/20. Sagging durum wheat exports through January 2019 point towards higher carryover stocks and lower area planted in the marketing year ahead.
