# Agriculture and AgriFood Canada raises 2016-17 grain and oilseed ending stock projections - AgCanada

> Agriculture and Agri-Food Canada raised its 2016-17 ending stock forecast for major grains and oilseeds to 13.5 million tonnes, up about 400,000 tonnes from November. Production was forecast at 82.9 million tonnes, with exports slightly lower.

- Date: 2016-12-22 · published 2016-12-22T12:00:00.000Z
- Category: report · region Canada · magnitude low
- Page: https://feedsoft.ai/events/73439-agriculture-and-agrifood-canada-raises-2016-17-grain-and-oilseed-ending-stock
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Higher projected Canadian carryout signals ample supplies, which is mildly bearish for grain and oilseed prices.

## Read by commodity

- CORN: neutral
- WHEAT: bearish ▼
- CANMEAL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2026-01-15 | [USDA raises projections for US, global wheat ending stocks \| World Grain](https://feedsoft.ai/events/21103-usda-raises-projections-for-us-global-wheat-ending-stocks-world-grain.md) | -1.3% | +2.8% |
| WHEAT | 2018-12-12 | [USDA raises 2019 wheat and corn ending stocks \| 2018-12-12  \| World Grain](https://feedsoft.ai/events/61509-usda-raises-2019-wheat-and-corn-ending-stocks-2018-12-12-world-grain.md) | +3.7% | +2.0% |
| WHEAT | 2018-10-12 | [USDA raises corn, soybean and wheat ending stocks estimates \| 2018-10-12  \| World Grain](https://feedsoft.ai/events/62480-usda-raises-corn-soybean-and-wheat-ending-stocks-estimates-2018-10-12-world.md) | +8.1% | +4.6% |
| WHEAT | 2023-07-27 | [Oilseed crush down, grain deliveries rise in June: StatCan - AgCanada](https://feedsoft.ai/events/35143-oilseed-crush-down-grain-deliveries-rise-in-june-statcan-agcanada.md) | +0.0% | -2.0% |
| WHEAT | 2026-01-12 | [USDA Raises Production and Stocks Above Trade Expectations](https://feedsoft.ai/events/20994-usda-raises-production-and-stocks-above-trade-expectations.md) | +0.2% | +2.0% |
| CORN | 2024-07-12 | [Coceral raises 2024 EU plus UK wheat crop projection, cuts barley and rapeseed projections](https://feedsoft.ai/events/29190-coceral-raises-2024-eu-plus-uk-wheat-crop-projection-cuts-barley-and-rapeseed.md) | -2.4% | -2.7% |
| CORN | 2024-08-12 | [USDA Increases 2024 Corn Production and Demand, Lowers Ending Stocks](https://feedsoft.ai/events/28712-usda-increases-2024-corn-production-and-demand-lowers-ending-stocks.md) | -1.6% | +1.4% |
| CORN | 2016-07-21 | [Canada’s grain production forecast flat \| World-grain.com \| July 21, 2016 19:19 \| World Grain](https://feedsoft.ai/events/11817-canada-s-grain-production-forecast-flat-world-grain-com-july-21-2016-19-19.md) | -0.2% | -2.9% |

## Sources

- agcanada.com: https://www.agcanada.com/daily/agriculture-and-agrifood-canada-raises-2016-17-grain-and-oilseed-ending-stock-projections

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