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Oats

Crops, Markets, Oats

Oat prices running out of upside

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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
Crops, Markets, Oats

Oats values hold steady at harvest

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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
Crops, Oats

Mexico wants Canadian oats

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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
Crops, Markets, Oats

Oat area poised to rise

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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
Crops, Oats

Paterson stakes Manitoba site for oat processing plant

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Up to a quarter million tonnes of oats per year could find a new end use as a Winnipeg agrifood company sets up a new oat processing plant near its home base. Privately-held Paterson GlobalFoods (PGF) announced Thursday it will start construction “immediately” on the new plant, on part of its 600-acre site next to […] Read more
Crops, Markets, Oats

Large oat production won’t move prices

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MarketsFarm — While the most recent crop production report from Statistics Canada predicted significantly more oats than originally expected, prices will likely remain stable. Statistics Canada estimated 3.952 million tonnes of oats will be grown in 2019, up considerably from the 3.436 million tonnes produced in 2018. But low carryover stocks from previous years means […] Read more

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