UK oat milling for 2016/17 slightly off the record

Posted on Wednesday, August 9th, 2017 at 2:51 pm News Stories.

UK oat milling year for the 2016/17 was estimated by DEFRA At 0.522 MMT, slightly off the record high of 0.526 MMT reached last year. The final crop year estimate is slightly below most trade estimates which were closer to 0.530 MMT. Quarterly mill use in Apr-Jun fell from 0.134 MMT to 0.128 MMT. Oat […]

Japan oat imports up YTD but longer term trends continue to point to declining demand

Posted on Thursday, April 6th, 2017 at 4:22 pm News Stories.

Oat imports to Japan are up 1% year to-date (Jan-Feb) according to the latest Government estimates (see below). Imports from Canada are down 7.3% YTD with Australian imports up 86% due to higher domestic oat supplies. Longer term trends however continue to point to declining demand for oats in Japan with a five-year CAGR of –4.6% […]

Grain Millers Canada Corp. Increasing Oat Milling Capacity

Posted on Monday, March 27th, 2017 at 4:24 pm News Stories.

Grain Millers Canada Corp. (GMCC) Friday announced the initiation of the second phase of a project to add 80,000 metric tonnes of oat product production capacity, or roughly 120,000 MT of raw oat capacity, at its mill in Yorkton, Saskatchewan. The capacity, when completed, will make Grain Millers one of the largest global oat millers. […]

Implied US milling & horse demand strong, off-shore demand doubles

Posted on Tuesday, February 7th, 2017 at 7:23 pm News Stories.

Statistics Canada (STC) is reporting raw oat exports are running 16% higher year to-date (Aug-Dec). Product exports, flake, flour and groats, are however down slightly. Implied oat exports to US milling markets are up 11% YTD with US horse demand up 10% (see below). Off-shore exports are up 10% mainly on higher exports to Mexico […]

Canadian Dec 31 oat stocks in line with the average trade estimate

Posted on Friday, February 3rd, 2017 at 7:22 am News Stories.

Statistics Canada (STC) released their estimate of Canadian grain and oilseed stocks at December, 2016 this morning.  Link to STC Data STC indicated as of December 31, 2016, total stocks of wheat, corn for grain and barley were up compared with the same date a year earlier. However, total stocks of canola, soybean and oats […]

Australia oat production should be more than ample if harvest quality is near normal

Posted on Thursday, September 22nd, 2016 at 1:25 pm News Stories.

ABARES released their September oat production forecast last week. Total oat production is forecast at 1.632 MMT, up from ABARES June estimate of 1.551 MMT. If realized, this will be the largest oat crop in 10-years and well above the five-year average of 1.224 MMT (see S&D above). Production in Western Australia, the largest exporting […]

Canadian oat production forecast down 12%, well below industry estimates

Posted on Tuesday, August 23rd, 2016 at 8:10 am News Stories.

Statistics Canada (STC) released their first 2016 grain and oilseed production estimates today. Total Canadian oat production was estimated at 3.020 MMT, down 11.9% from last year’s estimate of 3.427 MMT and well below the average trade guess of 3.2 MMT. Production has averaged 3.26 MMT over the past five years. Western Canada oat production […]

Managed Money holding huge CBOT oat short

Posted on Monday, August 15th, 2016 at 4:34 pm News Stories.

Managed Money (MM), the proxy for fund trading, is holding a huge net short of 1,717 contracts (see below). This is the largest net short since June 2010 when MM held a short of 3,043 contracts. MM liquidated over 74% or 2,242 of that short in just seven days that year, with oat futures climbing […]

Australian 2016 oat crop forecast at a 13-year high

Posted on Wednesday, June 15th, 2016 at 11:09 am News Stories.

ABARES is forecasting Australian 2016 oat production at 1.551 MMT, which if realized, would be the highest level in 13-years and would finish well above last year’s 1.308 MMT and the five year average of 1.229 MMT. Oat plantings climbed 9.3% this year with yields forecast up 8.5% this year said ABARES in their June […]

Stats Can 2016 oat planting estimate in line with average trade estimate

Posted on Thursday, April 21st, 2016 at 6:02 am News Stories.

Statistics Canada (STC) released their March 2016 Planting Intentions this morning. Total area seeded to oats is forecast at 2.972 MilAc, down 10.9% from the 2015 final estimate of 3.337 MilAc.  The estimate was in line with the average trade guess of 3.0 MilAc. Based on average yields and area abandonment, total 2016 Canadian oat […]