Recent AAFC data shows lower numbers for Canadian corn.
The 2024-2025 crop year for Canadian corn is projected to see a slight reduction in total supply, estimated at 19.3 million tonnes (Mt), down 3% from the previous year. This decrease is primarily attributed to lower imports, though carry-in stocks and production levels remain relatively stable.
Despite the lower supply, exports are expected to rise significantly, with projections of 2.7 Mt, driven largely by demand from Ireland, the United Kingdom, and Spain.
Domestic demand for corn is forecasted at 15.0 Mt, a 6% decline compared to the previous year, mainly due to lower feed, food, and industrial use.