Canada: Grain and Feed Update
This Grain and Feed Update reflects the latest Statistics Canada data on area planted (released June 29 2016), on stocks of field crops (released on May 6, 2016), and the year to date trade data (until May 2016 from Global Trade Atlas). June planting surveys suggest that total area seeded to wheat, barley, corn and oats in 2016 will be 14.5 million hectares, 4.1% lower than 2015 seeded area. A return to more normal abandonment rates is expected to partially offset this decrease. Post forecasts area harvested to reach 13.924 million hectares, 2.62 percent below 2015 levels.
