A close-up of a ripe wheat crop with a green combine out of focus in the background.

Wheat tumbles despite tight stocks

Canada entered the 2023-24 crop year with the lowest combined wheat and durum stocks in history. Agriculture Canada estimates there were 3.24 million tonnes of both crops on hand as of Aug. 1, 2023. That would break the previous record low of 3.66 million tonnes set in 2021-22 following a severe drought. Analysts are also […] Read more