Canada: Grain and Feed Update
2014/2015: Wheat, barley, corn and oat production in 2014/2015 is forecast at 49.7 million metric tons (MMT), 20 percent lower than MY 2013/14, but exports are forecast to remain strong due to high carry- over and a weaker Canadian dollar. Post wheat production estimate remains unchanged, but total supply is lowered to 38.380 MMT due to continued strong exports of 2013/14 crop. Barley production lowered 5 percent to 7,240 TMT and export forecast unchanged at 1,500 TMT. Estimated corn production lowered 6 percent to 11.4 MMT due to lower area. Oat production estimate lowered to 3,040 TMT although high carry in stocks will result in total supply close to 2013/14 level.