Canadian Corn Stocks Hit Decade Low, Soybeans Heavier

Canadian corn stocks as of March 31 fell to a decade low, while soybean stockpiles hit the highest in five years. Thursday’s Statistics Canada grain stocks report showed total national corn stocks at 7.197 million tonnes, down 13% from a year earlier and the lowest since March 31, 2015, at 6.289 million. In contrast, March 31 soybean stocks were pegged at 2.393 million tonnes, a year-over-year increase of nearly 11% and the heaviest since March 31, 2020. StatsCan said corn stocks