# Canada left with very tight canola, barley stocks | Farmtario

> Statistics Canada's March 31 stocks report put canola stocks at 6.57 million tonnes, 37.7% below last year and 30.2% under the five-year average. Barley stocks were 2.81 million tonnes, down 20.5% year on year and 21.6% below the five-year average. Trader Jerry Klassen called both supplies historically tight and expects barley usage to be rationed before July.

- Date: 2021-05-08 · published 2021-05-08T12:00:00.000Z
- Category: report · region Canada · magnitude medium
- Page: https://feedsoft.ai/events/47177-canada-left-with-very-tight-canola-barley-stocks-farmtario
- Commodities: [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

Historically low barley stocks leave little room for feed use before the new crop, which supports prices and may push feedlots to substitute wheat. A further rise in barley prices is possible if usage is not curbed.

## Read by commodity

- BARLEY: bullish ▲

## Sources

- farmtario.com: https://farmtario.com/daily/canada-left-with-very-tight-canola-barley-stocks/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.