cover image: CANADA: OUTLOOK FOR PRINCIPAL FIELD CROPS June 20, 2023

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CANADA: OUTLOOK FOR PRINCIPAL FIELD CROPS June 20, 2023

28 Jun 2023

Total domestic use is Carry-out stocks are forecast to tighten, as the share pegged at just under 0.8 Mt and carry-out stocks to of major exporters tumbles 24% to 1.8 Mt with the fall to 0.48 Mt, 16% less than in 2021-22 and 56% largest drawdowns in the EU and North Africa. [...] Carry- Total disappearance for the crop year to-date is out stocks are forecast to fall slightly to 0.60 Mt returning to more normal levels on a 60% rise in versus 0.65 Mt for 2022-23 and the five-year exports, to 8.4 Mt, while domestic crush increases to average of 2.2 Mt. [...] Carry-out stocks are forecast to rise to Production is expected to decrease to 3.25 Mt due to 0.2 Mt. [...] Carry-out stocks are forecast to fall to 0.38 Mt, similar to the In the US, the area seeded to lentils for 2023-24 is long-term average. [...] The average price is forecast to forecast to rise significantly to 170 Kt, with higher decrease due to rising stocks levels compared to yields.
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Canada