Glacier FarmMedia | MarketsFarm — Updated estimates from Agriculture and Agri-Food Canada, released Feb. 19, included only minor revisions to the supply and demand projections for the country’s major crop.
The government agency upped its call for both 2024/25 and 2025/26 canola ending stocks by 50,000 tonnes, now estimating carryout at 1.300 million and 1.000 million tonnes respectively. If realized, both years would still be well below the 2.748 million tonnes of canola on hand at the end of 2023/24.
Meanwhile, wheat ending stocks were lowered, with the country’s 2024/25 wheat carryout down by 150,000 tonnes from the December estimate at 4.400 million tonnes and 2025/26 ending stocks down by 50,000 tonnes at 4.500 million tonnes.
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As the harvest in southern Alberta presses on, a broker said that is one of the factors pulling feed prices lower in the region. Darcy Haley, vice-president of Ag Value Brokers in Lethbridge, added that lower cattle numbers in feedlots, plentiful amounts of grass for cattle to graze and a lacklustre export market also weighed on feed prices.
Statistics Canada will release its first planting projections for the 2025/26 crop on March 12.
February estimates for Canadian major crops supply and demand: in million tonnes. Source: Agriculture and Agri-Food Canada.
| Grains and oilseeds | |||||||
| Production | Exports | ||||||
| 2025/26 | 2025/26 | 2024/25 | 2025/26 | 2025/26 | 2024/25 | ||
| Feb | Jan | Feb | Jan | ||||
| All wheat | 35.195 | 35.025 | 34.958 | 26.050 | 25.900 | 26.150 | |
| Durum | 5.322 | 5.152 | 5.870 | 4.550 | 4.400 | 4.900 | |
| Barley | 8.600 | 8.600 | 8.144 | 2.900 | 2.900 | 3.000 | |
| Corn | 15.100 | 15.100 | 15.345 | 2.100 | 2.000 | 2.300 | |
| Oats | 3.510 | 3.510 | 3.358 | 2.320 | 2.250 | 2.320 | |
| Canola | 17.500 | 17.500 | 17.845 | 5.500 | 5.500 | 7.500 | |
| Flaxseed | 0.260 | 0.260 | 0.258 | 0.200 | 0.200 | 0.250 | |
| Soybeans | 6.900 | 6.900 | 7.568 | 4.950 | 4.850 | 5.500 | |
| TOTAL | 87.850 | 87.680 | 88.048 | 44.205 | 43.885 | 47.180 | |
| Domestic Usage | Ending Stocks | ||||||
| 2025/26 | 2025/26 | 2024/25 | 2025/26 | 2025/26 | 2024/25 | ||
| Feb | Jan | Feb | Jan | ||||
| All wheat | 9.170 | 9.050 | 9.113 | 4.500 | 4.650 | 4.400 | |
| Durum | 0.897 | 0.777 | 0.802 | 0.500 | 0.650 | 0.600 | |
| Barley | 5.750 | 5.750 | 5.695 | 0.750 | 0.750 | 0.700 | |
| Corn | 15.100 | 15.200 | 15.141 | 2.000 | 2.000 | 2.000 | |
| Oats | 1.110 | 1.190 | 1.100 | 0.500 | 0.470 | 0.400 | |
| Canola | 12.400 | 12.400 | 11.942 | 1.000 | 0.950 | 1.300 | |
| Flaxseed | 0.090 | 0.090 | 0.092 | 0.070 | 0.070 | 0.090 | |
| Soybeans | 2.450 | 2.450 | 2.465 | 0.525 | 0.550 | 0.575 | |
| TOTAL | 46.581 | 46.642 | 45.945 | 9.545 | 9.640 | 9.575 | |
| Pulse and Special Crops | |||||||
| Production | Exports | ||||||
| 2025/26 | 2025/26 | 2024/25 | 2025/26 | 2025/26 | 2024/25 | ||
| Feb | Jan | Feb | Jan | ||||
| Dry peas | 3.050 | 3.050 | 2.997 | 2.400 | 2.400 | 2.400 | |
| Lentils | 2.385 | 2.385 | 2.431 | 2.200 | 2.200 | 2.100 | |
| Dry beans | 0.385 | 0.385 | 0.424 | 0.390 | 0.390 | 0.400 | |
| Chickpeas | 0.245 | 0.245 | 0.287 | 0.175 | 0.175 | 0.165 | |
| Mustard | 0.130 | 0.130 | 0.192 | 0.100 | 0.100 | 0.095 | |
| Canaryseed | 0.140 | 0.140 | 0.185 | 0.125 | 0.125 | 0.120 | |
| Sunflower | 0.075 | 0.075 | 0.051 | 0.035 | 0.035 | 0.040 | |
| TOTAL | 6.410 | 6.410 | 6.568 | 5.425 | 5.425 | 5.320 | |
| Domestic Usage | Ending Stocks | ||||||
| 2025/26 | 2025/26 | 2024/25 | 2025/26 | 2025/26 | 2024/25 | ||
| Feb | Jan | Feb | Jan | ||||
| Dry peas | 0.660 | 0.660 | 0.532 | 0.475 | 0.375 | 0.425 | |
| Lentils | 0.265 | 0.245 | 0.266 | 0.335 | 0.365 | 0.340 | |
| Dry beans | 0.060 | 0.060 | 0.059 | 0.060 | 0.060 | 0.055 | |
| Chickpeas | 0.085 | 0.085 | 0.081 | 0.135 | 0.140 | 0.110 | |
| Mustard | 0.039 | 0.044 | 0.040 | 0.155 | 0.145 | 0.155 | |
| Canaryseed | 0.015 | 0.015 | 0.019 | 0.090 | 0.090 | 0.090 | |
| Sunflower | 0.065 | 0.065 | 0.066 | 0.155 | 0.160 | 0.145 | |
| TOTAL | 1.189 | 1.174 | 1.063 | 1.405 | 1.335 | 1.320 | |
