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MarketWatch – StatsCan Stocks: Neutral Canola, Mildly Bullish Wheat/Durum, Lentil

Perhaps mildly Bearish on Canola – Positive news on Canola by just remaining within expectations and the Production print holding at 13.3, but this offset by an increase to 2011 production of 500k which was somewhat expected.

Wheat stocks surprisingly low with some of the surprise being due to Durum stocks being mildly lower.

Lentils mildly bullish stocks as they are now down 15% year over year but this may not be the specific case for large greens.

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