Statistics Canada reports that Canadian wheat stocks were down by 18.5 per cent by the end of July compared with a year earlier.
Canola stocks were up by 67 per cent.
It said one of the reasons wheat stocks were down was a one per cent decline in total supply.
Commercial stocks rose 39.7 per cent to 3.8 million tonnes while on-farm stocks fell 72.7 per cent to 796 000 million tonnes.
Canadian canola stocks increased to 3.1 million tonnes; commercial stocks rose 129 per cent to 2.3 million tonnes while on-farm stocks fell 7.7 per cent to 775,000 tonnes.
Canadian processors increased canola crushing by 9.1 per cent to a record 11.5 million tonnes. Much of that increase was for biofuel.
Higher domestic disappearance was more than offset by lower Canola exports were down by 15.9 per cent to 6.7 million tonnes.
