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Oats

CBOT December 2021 oats (candlesticks) with 20-, 50- and 100-day moving averages (yellow, orange and dark green lines). (Barchart)
Crops, Markets, Oats

CBOT oats climb on supply woes

Prairie drought eats at availability

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Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade December oats futures climbed their daily maximum of 25 cents per bushel on Wednesday, nearing a 7-1/2 hear high, after drought slashed supplies from top global supplier Canada at a time of robust demand for the grain, traders said. The December oats contract surged 25 cents to […] Read more
CBOT December 2021 oats (candlesticks) with 20-, 50- and 100-day moving averages (yellow, brown and black lines). (Barchart)
Crops, Markets, Oats

Tight supplies underpin oat bids with demand rationing expected

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Reading Time: < 1 minute Corrected, Sept. 3 — MarketsFarm — Canadian oat prices should remain well supported over the next year given the smaller crop, but some demand will likely back away as buyers look for cheaper alternatives. While most of his customers were still taking delivery on existing contracts and not yet in the spot market, Ryan McKnight […] Read more
CBOT December 2021 oats (candlesticks) with Bollinger bands (20,2). (Barchart)
Crops, Markets, Oats, Weather

Oat crop across Western Canada ‘not stellar’

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Reading Time: 2 minutes MarketsFarm — As with most other crops on the Prairies, conditions are “not stellar” for oats, according to Shawna Mathieson, executive director for the Prairie Oat Growers Association. POGA directors from across the region who participated in a recent board meeting had a rather grim outlook on the coming harvest, she said. “Not a single […] Read more
Oats. (Doug Wilson photo courtesy ARS/USDA)
Crops, Markets, Oats

Oats riding high with other crops

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Reading Time: 2 minutes MarketsFarm — Increased demand, both domestically and overseas, has caused the price of oats grown in Western Canada to rise compared to last year. And so far, seeding projections and rising prices for other crops suggest the market for oats won’t go down anytime soon. According to Prairie Ag Hotwire data from Wednesday, high-delivered bids […] Read more
(Greg Berg photo)
Crops, Markets, Oats

Oat prices running out of upside

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Reading Time: 2 minutes MarketsFarm — Oat prices in Western Canada have shown some strength over the past year, but competition from other crops will likely lead to an acreage reduction this spring despite the firm prices, according to market participants. Ryan McKnight, from Linear Grain at Carman, Man., had seen prices for the crop rise last fall, but […] Read more
(Greg Berg photo)
Crops, Markets, Oats

Oats values hold steady at harvest

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Reading Time: < 1 minute MarketsFarm — The oats market in Western Canada is holding relatively steady despite seasonal harvest pressure, although yields failed to live up to earlier expectations. “Steady at harvest time is good,” said Scott Shiels, grain procurement merchant with Grain Millers in Yorkton. Prices often dip at harvest time due to increased deliveries, he noted, but […] Read more
The researchers found that an N rate of 90 lb./ac. provided the most consistent economic returns when oat prices are between $2.50 to $3 per bushel.
Crops, Oats

Boost the N and boost the fungicide?

Study shows oat growers should make separate decisions on how much of each to apply

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Reading Time: 3 minutes With the increasing demand for oats in the food market, growers these days are paying attention to both yield and quality, leading to questions about managing both nitrogen and fungicides. Does use of one affect how much you should use of the other? Not by much, according to research published this spring. Agriculture Canada crop […] Read more
CBOT July 2020 oats with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Oats

Demand pushes up cash prices for oats

Cash oats uncoupled from Chicago futures values

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Reading Time: 2 minutes MarketsFarm — While scarcity of oats on the Prairies has pushed up cash prices, there has been a drop in futures prices on the Chicago Board of Trade (CBOT), two buyers said. “The weakness in the futures definitely has nothing to do with cash prices in the country,” said Scott Shiels of Grain Millers at […] Read more
Granvita is Grupo Vida’s consumer oats brand, including breakfast cereals, snacks, granola, oatmeal, oat flakes and oat milk. (Granvita.com)
Crops, Oats

Mexico wants Canadian oats

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Reading Time: < 1 minute MarketsFarm — Mexico’s largest oat manufacturer is calling for Canadian oat producers to explore new varieties and increase acreage in order to keep up with global demand. Jorge Sanchez, chief financial officer of Mexico’s Corporativo Grupo Vida Internacional, said Canada’s oat crops need to “adapt to changing growing conditions” in order to meet world demand, […] Read more
(Greg Berg photo)
Crops, Markets, Oats

Oat area poised to rise

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Reading Time: < 1 minute MarketsFarm — Solid prices and growing demand — and risk aversion among growers — should see more oat acres seeded in Canada in 2020, with early signs pointing to the largest oat crop in more than a decade. Agriculture and Agri-Food Canada predicted 2020 oat area at 3.93 million acres in its January report, which […] Read more

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