Agriculture and Agri-Food Canada raised its 2025/26 carryout forecasts for canola and wheat in its latest supply/demand update released Dec. 17.
Geopolical risks and trade uncertainty may alter outlook
World wheat carryout estimate downgraded, but well above previous year
Some had anticipated even larger on-farm canola stocks, given slower export pace
Dry pea prices have seen gains over the week; lentils steady to higher
Rotation, moisture, expected prices, costs among main factors expected in seeding decisions
Global corn ending stocks are projected to hit a six-year high in 2023/34