Reading Time: < 1 minute CNS Canada –– Oat prices continue having trouble breaking through key resistance figures as harvest winds down across the Prairies. “They’re (prices) below what farmers like… having trouble breaking that $3 a bushel level in Manitoba and $2.50 in Saskatchewan,” said Ryan McKnight of Linear Grain at Carman, Man. So far, he said, very few […] Read more
Oat prices remain under pressure
Little upside in oats as futures hit five-year lows
Reading Time: < 1 minute CNS Canada –– Oats futures in Chicago are trading at their lowest levels in five years, and cash bids in Western Canada are also doing little to encourage farmer selling. September oats at the Chicago Board of Trade settled Monday at US$2.2325, the lowest close for the front-month contract since June 2010. Cash bids are […] 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
A message from April Stewart, Country Guide's Associate Editor
