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
Oats market cold in Western Canada
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
New forage resources available
Reading Time: < 1 minute Foragebeef.ca has added new fact sheets and a research paper. The fact sheets are: Oats, Triticale and Corn Winter Grazing Comparison — an update on winter grazing; Triticale Swath Grazing Demonstration Project; and a financial analysis entitled Will a hay shed pay? by Alberta Agriculture economist Dale Kaliel. Also available is a paper titled: Effect […] 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
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
Small Saskatchewan town home to very big oat plant
Reading Time: < 1 minute Despite the recent poor weather across much of the Prairies, a giant oat plant now stands in the small, but vibrant community of Ituna, Sask. Dennis Muzyka, a Melville high school shops teacher and local metal sculpture artist, designed and created the powder-coated steel structure. After intensive study of a single oat plant, Muzyka initially […] Read more
Double whammy for oat growers as railways focus on West Coast backlog
Virtually all of the Prairie oat harvest goes to the U.S., but growers say shipping south isn’t even on the radar of the railways
Reading Time: 3 minutes The clogged rail system is affecting every grain producer on the Prairies, but oats growers are feeling additional pain. Market analyst Randy Strychar has called the situation a “train wreck,” noting some companies aren’t putting out bids until February 2015. “It’s not out of line to say that we’re probably one of the worst-hit crops,” […] Read more
Oats/corn spread narrows in as oats rise
The futures price may be high, but country bids are not
Reading Time: < 1 minute Oats futures at the Chicago Board of Trade are currently at their strongest levels relative to corn since 2006, as Canadian logistics issues have caused nearby oats contracts to jump higher while corn values hold steady. The March oats contract gained 16 US cents per bushel on Tuesday, Jan. 28, to close at $4.1675 per […] Read more
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