Reading Time: 2 minutes Ontario’s Farm Products Marketing Commission will run a vote for the province’s oats and barley growers starting Friday, to decide whether Grain Farmers of Ontario (GFO) will be the growers’ voice going forward. The commission will conduct a mail-in vote from Friday (Oct. 31) to Nov. 17 to see whether oat and barley growers wish […] Read more
Ont. barley, oat growers set to vote on GFO membership
Relative oats strength running into resistance
Reading Time: 2 minutes CNS Canada –– Oats bids in Western Canada are holding steady for the time being, but could be due for a setback given the weak U.S. corn market and declining nearby demand. “My bias is towards oats prices going down in relation to other commodities,” said Ryan McKnight of Linear Grain at Carman, Man. Demand […] Read more
East-west rail movement seen hurting Prairie oats
Reading Time: 2 minutes CNS Canada –– Inability to secure rail cars destined for the U.S., particularly Minnesota, is seen to be hurting oat producers as quantities of old crop continue to sit idle. Last year’s record-large crop continues to tie up Canada’s two main railways, which also face government regulations requiring them to carry over a million tonnes […] Read more
Oats prices remain steady, crop quality questionable
Reading Time: 2 minutes CNS Canada — While this year’s oats crop in Canada may not be above-average, prices are staying relatively strong in comparison to other crops, from where one southern Manitoba merchant sits. “They’ve held in very strong relative to corn and wheat,” said Ryan McKnight, a grain merchant for Linear Grain at Carman, Man. “Out of […] Read more
W. Canada spring wheat, durum yields look second-biggest ever: crop tour
Reading Time: 2 minutes Reuters — Western Canada spring wheat and durum yields this year look to fall from last year’s high levels, but the still bountiful production should offset some losses from flooded farms, leaders of a crop tour said on Thursday. The inaugural Cereals North America Canadian crop tour pegged spring wheat yield potential in the region […] Read more
Ag Canada tightens grain/oilseed stocks projections
Reading Time: < 1 minute CNS — Ending stocks of Canada’s major grains and oilseeds at the close of the upcoming 2014/15 (Jul/Nov) crop year will be tighter than earlier projections, according to updated supply/demand tables released by Agriculture and Agri-Food Canada’s market analysis branch on July 22. The latest tables take into account the latest acreage estimates released by […] Read more
Shipping delays push oat prices downward
Reading Time: 2 minutes CNS Canada — The backlogged rail system in Canada has slowly started to move for certain commodities, but oats continue to remain on the shipping backburner, pushing prices lower according to some industry participants. While oat prices at larger companies right now are quite poor, bidding at under $1 per bushel, there are some specialty-type […] Read more
Oat prices edging down, well off highs
Reading Time: 2 minutes CNS Canada — Canadian oat prices have dropped slightly after a brief incline last week, as the market took same direction from U.S. futures. “It has something to do with the index fund roll, so that was weakening the spread,” said Ryan McKnight, a grain merchant at Linear Grain at Carman, Man. “So I think […] Read more
Oats still struggling to move south
Reading Time: 2 minutes CNS Canada — The Prairie oats industry continues to suffer from a lack of rail cars allocated to move south, as it forces some companies to truck oats to U.S. millers. Shipping oats by truck means very expensive freight costs, resulting in lower prices for farmers, and higher prices for end users, said Ryan McKnight […] Read more
Logistics still propping up old-crop oats
Reading Time: < 1 minute CNS Canada — The oats futures market remains at a considerable inverse, with the old-crop May contract in Chicago trading at an 88-cent premium over the new-crop December as logistics issues continue to hamper Canadian grain movement. “There are oats on farm, but the U.S. mills are having a hard time physically taking possession,” said […] Read more
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