GFM Network News

Mexico wants Canadian oats

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

Oat area poised to rise

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

Oats market solid, watching weather

Reading Time: 2 minutes MarketsFarm — Tight old-crop supplies are keeping oats prices well supported in Western Canada, although buyers are covered for the time being and waiting for a clearer picture on new-crop production. “It’s tough to find old-crop demand currently, as many larger-scale end-users are covered,” said Ryan McKnight of Linear Grain at Carman, Man. Most buyers […] Read more

Trade looks to potential, not projections, post-StatsCan data

Reading Time: 3 minutes CNS Canada — The commodity trade has turned its focus forward following fresh data from Statistics Canada. “The acreage numbers are important, but this game right now is all about weather,” said Mike Jubinville of ProFarmer Canada, naming spring wheat as one crop the market had been closely watching. While estimates for all wheat seeded […] Read more

Oats face numerous pre-harvest question marks

Reading Time: 2 minutes CNS Canada — Oat producers are playing the waiting game when it comes to one of the most important things for oat crops: quality. “There’s always a concern about quality and you never know where that is going to be until harvest,” said Art Enns, president of the Prairie Oat Growers Association at Morris in […] Read more

Pressure on oat prices sends farmers scouting other crops

Reading Time: 2 minutes CNS Canada — Lukewarm prices for oats, coupled with dry conditions in Alberta and soggy conditions in Manitoba, are crimping acreage this year. Generally known as one of the hardier crops around, oats haven’t been setting any record highs on price charts, resulting in a forecast of 11 per cent less acreage in Canada. “The […] Read more

Prairie oats crop off to a decent start

Reading Time: 2 minutes CNS Canada — Western Canadian farmers are wrapping up seeding their oats crops, which so far are off to a decent start in many areas. “I know in Manitoba, in the Red River Valley, the oats are off to an excellent start,” said Art Enns, president of the Prairie Oats Growers Association. “In Saskatchewan it’s […] Read more

Big oats intentions surprise market

Reading Time: 2 minutes CNS Canada — A surprisingly large increase for oats acres in Statistics Canada’s planting intentions report on Thursday led to a quick drop in prices. However, actual area will likely come in below the early expectations, as declining prices should cause some acres to shift elsewhere. Oats plantings were pegged at 3.6 million acres by […] Read more