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Oats

(Greg Berg photo)
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
(Greg Berg photo)
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
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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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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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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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
Photo: File/Greg Berg
Markets, Oats

Prairie oats market stable, but strong

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Oats bids in Western Canada have stabilized for the time being, as the weather concerns that propped up the market at the beginning of the month are largely factored in. “It’s a pretty stable market. Stable, but strong,” said Scott Shiels, of Grain Millers Inc. in Yorkton, Sask. Prices moved up at the beginning of […] Read more
Paterson Grain’s current elevator at Rosser, Man., is the largest in its Prairie primary grain handling network at 121,000 tonnes capacity. (Dave Bedard file photo)
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
(Doug Wilson photo courtesy ARS/USDA)
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
(Sundown001/iStock/Getty Images)
Crops, Markets, Oats

Oats market steady, watching harvest

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MarketsFarm — Western Canada’s oats market is stable at prices a bit better than a year ago, as harvest gets underway and participants wait to see how much will move off the combine to the market. Early yield reports range anywhere from 80 to 140 bushels per acre, said Tyler Palmer, grain buyer with Emerson […] Read more
(ShaunL/iStock/Getty Images)
Crops, Markets, Oats, Weather

Oats market solid, watching weather

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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

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