Canadian wheat stocks fell 18.5% from year-ago to 4.6 MMT as of July 31, according to Statistics Canada. The decline was partially due to lower total national supply (down 1% to 38.7 MMT).

As of March 31, Statistics Canada reports total stocks of Canadian wheat, canola and soybeans were lower compared with the same date in 2015. Meanwhile, total stocks of corn for grain, barley and ...