Corn exports for Sept. and Oct. were 35,000 t, vs. 42,000 t in 1998-99. Canada is expected to be a small net importer of corn in 1999-00. Chatham corn prices are expected to be lower than in 1998-99, due to lower US corn prices, and record Canadian corn production. Domestic crush is forecast to decline marginally from 1998-99. Exports to Dec. 28 are 2.0 Mt, vs 2.2 Mt a year ago.
Domestic use is forecast to decline due to lower Chinese linseed oil demand.
Carry-out stocks are forecast to rise sharply. Exports are forecast to rise due to aggressive Identity Preserved marketing by Canadian exporters and strong niche market demand. Excludes exports of oilseed products. CWB Pool Return Outlook, December 1999. Statistics Canada, Cereals and Oilseeds Review Series, Cat.