The average price over all types and grades is forecast to decrease slightly. Exports are expected to increase with the increased Canadian supply. The higher supply and carry-out stocks are expected to pressure prices downward, although this is expected to be partly offset by higher average quality. Exports and domestic use are forecast to increase with the larger supply. Assuming normal growing conditions, the average quality of the crop should improve.
Total supply is forecast to be slightly higher due to increased carry-in stocks.
Average price is forecast to decrease slightly, as lower prices for the top grades are offset by improved crop quality. Exports and domestic use are expected to grow slightly. Exports and domestic use are expected to increase. Some shift from oil type to confectionary type production is expected. The average price is forecast to decrease slightly.