Corn, Soy Stocks Down with Production

Feb 06, 2020

With production down, Canadian stocks of corn and soybeans as of Dec. 31, 2019 were lighter compared to a year earlier, according to a Statistics Canada grain stocks report on Wednesday.

The report put total national corn stocks as of Dec. 31 at 10.68 million tonnes, down 8.1% on the year, while soybean stocks were reported 9.4% lower at 3.87 million tonnes. The lower stock levels can be attributed to smaller 2019 crops, with 2019 corn output falling about 3.5% from a year earlier to 13.4 million tonnes, and soybean production down 18.5% to 6.04 million.

For corn, national on-farm stocks as of Dec. 31 were down 5.8% to 8.02 million tonnes, while commercial stocks decreased 14.3% to 2.66 million.

On-farm corn stocks in the largest production province of Ontario were estimated at 4.9 million tonnes, up 200,000 from the previous year. However, on-farm stocks in Manitoba were down to 771,000 tonnes from 900,000 and Quebec stocks declined to 2.29 million tonnes from 2.8 million.

National on-farm soybean stocks as of Dec. 31 were down 14.2% to 2.44 million tonnes, and commercial stocks were unchanged from a year earlier at 1.43 million tonnes.

On-farm Ontario soybean stocks were pegged at 1.4 million tonnes, down just 80,000 from the previous year, while Manitoba on-farm stocks declined much more precipitously, falling to 480,000 tonnes from 700,000. On-farm soybean stocks in Quebec were reported at 505,000 tones, a drop of 80,000 from the previous year.

Source : Syngenta

Video: Evolution of Beef Cattle Farming

The Clear Conversations podcast took to the road for a special episode recorded in Nashville during CattleCon, bringing listeners straight into the heart of the cattle industry. Host Tracy Sellers welcomed rancher Steve Wooten of Beatty Canyon Ranch in Colorado for a wide-ranging discussion that blended family history and sustainability, particularly as it relates to the future of beef production.

Sustainability emerged as a central theme of the conversation, a word that Wooten acknowledges can mean very different things depending on who you ask. For him, sustainability starts with the soil. Healthy soil produces healthy grass, which supports efficient cattle capable of producing year after year with minimal external inputs. It’s an approach that equally considers vegetation, animal efficiency, and long-term profitability.

That philosophy aligned naturally with Wooten’s involvement in the U.S. Roundtable for Sustainable Beef, where he served as a representative for the Colorado Cattlemen’s Association. The roundtable brings together the entire beef supply chain—from producers to retailers—along with universities, NGOs, and allied industries. Its goal is not regulation, Wooten emphasized, but collaboration, shared learning, and continuous improvement.