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
Big oats intentions surprise market
Oats market cold in Western Canada
CNS Canada –– The oats market in Western Canada has gone cold, with little heat expected until closer to spring seeding. “The basis is the thermometer, and right now oats are getting cold,” said Ryan McKnight of Linear Grain at Carman, Man., noting basis levels were generally fading. “We’re just not seeing much demand for […] Read more
Oat growers wait for better prices in 2015
CNS Canada –– High freight costs and a reluctance by farmers to sell at current prices has made for a sluggish start to the New Year for oats, according to an industry participant. “Price expectations for oats are higher than what the current market is offering,” said Ryan McKnight, grain merchandising manager at Linear Grain […] Read more
Ont. oat, barley growers approve GFO entry
Ontario’s barley and oat growers have voted just over three-quarters in favour of representation by the province’s wheat, corn and soybean growers’ organization. Grain Farmers of Ontario (GFO) confirmed Monday that eligible growers voted 77 per cent in favour of the move in a November vote conducted by the Ontario Farm Products Marketing Commission. GFO […] Read more
Oats prices drop to two-and-a-half-year lows
CNS Canada –– Oats prices at the Chicago Board of Trade dropped to their weakest levels in two-and-a-half years over the past week, and cash bids in Western Canada have followed suit. While the largely speculative price drop could bring in more bargain-hunting demand, both end-users and farmers have moved to the sidelines for the […] Read more
Richardson’s Sask. oat milling staff ratify deal
Unionized workers with Richardson International’s oat processing and grain milling plant at Martensville, Sask. are headed back to work after ratifying a new labour deal. About three dozen Richardson Milling employees, represented by the United Food and Commercial Workers (UFCW) Local 1400, were locked out Sept. 10 after voting in late August to approve a […] Read more
Few changes expected in Canadian crop area
Commodity News Service Canada — It doesn’t appear there will be any dramatic changes to acreage for most crops next year, says a market analyst for CWB. Bruce Burnett gave some broad estimates for plantings in 2015 at the opening session of the Cereals North America conference in Winnipeg. “My thought is we’re going to […] Read more
Ont. barley, oat growers set to vote on GFO membership
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
Relative oats strength running into resistance
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
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
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