As of December 31, 2014, total stocks of most principal field crops were down from the same date in 2013. As such, they reflected a downward trend seen in production, which also decreased from 2013 to 2014. However, both on-farm and commercial stocks of soybeans were at record levels as of December 31.

Total stocks of wheat decreased 13.5% from December 31, 2013, to 24.8 million tonnes, following a 22.0% decrease in wheat production in 2014. On-farm stocks totalled 20.8 million tonnes, down 17.8% from the record high of 25.3 million tonnes in 2013. On the other hand, commercial stocks were up 19.6% to 4.0 million tonnes.

Overall canola stocks stood at 11.1 million tonnes as of December 31, 2014, down 10.5% from December 31, 2013. On-farm stock levels fell 13.9% to 9.9 million tonnes, closely reflecting the 13.4% drop in production in 2014. Commercial stock levels rose 32.8% over the same period to 1.2 million tonnes.

Total stocks of corn for grain totalled 9.7 million tonnes on December 31, 2014, down 16.6% from the record level of 11.6 million tonnes at December 31, 2013. This decline resulted from a 16.2% decrease in on-farm stocks and an 18.0% drop in commercial stocks.

Total stocks of oats fell 12.7% from December 31, 2013, to 2.5 million tonnes on December 31, 2014, with on-farm stocks down 13.3% to 2.3 million tonnes. Commercial stocks declined 4.7% to 177 300 tonnes.

Barley stocks decreased 20.3% from December 31, 2013, to 5.4 million tonnes on December 31, 2014. The decline was mostly due to a 21.6% drop in on-farm stocks to 5.1 million tonnes.

Overall soybean stocks rose 29.4% from December 31, 2013, to a record 3.5 million tonnes on December 31, 2014, surpassing the previous high of 2.8 million tonnes reported on December 31, 2011. Commercial stocks rose 57.1% to 1.2 million tonnes, while stocks held on farms increased 18.0% to 2.3 million tonnes.

Stock of principal field crops at December 31

December 2012

December 2013

December 2014

December 2012 to December 2013

December 2013 to December 2014

thousands of tonnes

% change

Total wheat

20 710

28 676

24 818

38.5

-13.5

Durum wheat

3 931

5 239

4 059

33.3

-22.5

Wheat excluding durum

16 779

23 436

20 759

39.7

-11.4

Barley

5 265

6 750

5 382

28.2

-20.3

Canola

8 076

12 406

11 103

53.6

-10.5

Corn for grain

10 404

11 590

9 671

11.4

-16.6

Dry field peas

2 051

2 335

1 556

13.8

-33.4

Flaxseed

412

490

608

18.9

24.1

Lentils

1 481

1 448

755

-2.2

-47.9

Oats

2 056

2 848

2 485

38.5

-12.7

Rye

196

133

123

-32.1

-7.5

Soybeans

2 707

2 688

3 477

-0.7

29.4