Oat futures have climbed more than 30 cents a bushel since the start of the new year, raising the question: will more acres switch from wheat to oats? As of Wednesday, nearby and new crop oat futures in Chicago were in the 42 to 45 percent range relative to Minneapolis wheat. The flatter, quieter spot… Read more »
Tag: Randy Strychar
Between Big Acreage Increase and Glyphosate Marketing Issue, Uncertainty Abounds in Oat Market
Whether it’s the 30 percent increase in oat acres expected in Western Canada this year, the news that one of the largest millers in the world won’t accept oats treated with glyphosate, or the underlying trend lower in the entire cereal crop complex, there’s plenty of uncertainty to go around in the oat market right now. And… Read more »