Forty-five farms in Saskatchewan, Manitoba, and North Dakota are headed into their second growing season working with General Mills on the adoption of “regenerative agriculture” practices as they grow oats for the multi-national food company. The three-year Regenerative Oat Pilot project, which involves more than 50 thousand acres, was launched last year as part of… Read More
Tag: Lorne Boundy
The oat market once again appears headed for a burdensome supply this fall, as strong prices through much of the winter have led growers to pencil more oats into their seeding plans for 2020. New crop prices have started dropping in recent weeks, but many growers on the eastern side of the Canadian Prairies signed… Read More
Chances are, if you like the look of old crop oat prices your neighbours do, too. And while the human consumption oat market is steady to increasing, Lorne Boundy, with Paterson Grain, cautions against counting on that to keep prices where they are. With old crop prices taking off and sitting around $4/bu in southern… Read More
Oat futures in Chicago have fallen steadily since early December, dropping to their lowest level in over five years. “They just happen to be one of the uglier (markets) at the moment, both old crop and new crop. We’ve seen oat futures collapse quite quickly,” says Lorne Boundy, oat trader with Paterson Grain. “They’ve actually been… Read More
Weekly grain shipping requirements for CN and CP Rail came to an end on March 28th, as the federal government decided it would not renew the Order-in-Council mandating the railways ship a minimum amount of grain each week. The minimums were implemented in the spring of 2014 to address the backlog of grain across Western… Read More
Wheat futures have been trending higher for several weeks, and just as some analysts were predicting a peak, they spiked by 20 to 30 cents a bushel on Monday. The possibility of Russia tightening phytosanitary requirements for wheat exports was a factor, says Lorne Boundy, a Winnipeg-based trader with Paterson Grain. “Lots of the concern… Read More
While oat supplies will be tighter than normal this year, problems getting the crop to market continue to put downward pressure on cash bids in Western Canada. “Oats is going to remain a tight supply, tight shipping market,” says Lorne Boundy, a Winnipeg-based oat merchandiser with Paterson Grain, in the following interview. The federal government’s… Read More