Farm Credit Canada forecasting a 16% increase in oat plantings, well above Ag Canada and the Canadian oat trade’s 5% guess

Posted on Thursday, February 21st, 2019 at 7:01 pm News Stories.

Forecasts for 2019 Canadian crop plantings are beginning to come forward.  The latest estimates from Farm Credit Canada are calling for a 16% increase in Canadian seeded oat area this spring.  This compares with the recent Ag Canada forecast of up 5.3%, and the average industry estimate of between 3-5% higher. Quite clearly, anything less […]

UK oat milling remains on a record pace, oat product exports down 5.8% YTD

Posted on Friday, February 8th, 2019 at 5:44 am News Stories.

AHDB published the latest year-to-date (Jul-Dec) UK oat milling estimates today. Mill use in the first six months of the 2018/19 crop year was pegged at 0.282 MMT, up 2.8% YOY. Use in the second quarter was down 2.8% compared to the prior year but YTD use remains on a record pace. Oat stocks at […]

Canadian oat balance sheet remains tight, feed use and exports remain key factors

Posted on Sunday, January 6th, 2019 at 6:15 pm News Stories.

The 2018/19 Canadian oat balance sheet remains very tight after the first five months of the crop year. End stocks are forecast at 0.527 MMT, which if realized would be down 33% from 2017/18 and 38% below the five-year average (see below). Two variables, exports, and feed use remain the major factors that will impact […]

COCERAL lowers EU oat production estimates this month

Posted on Wednesday, December 5th, 2018 at 11:51 am News Stories.

COCERAL’s released their final 2018 oat production estimates today. Total EU-28 oat production is pegged at 7.883 MMT, down 4.4% from their Sept estimate, but is down less than 1% from last year and is on par with the average. The extreme drought conditions this year did, however, have a huge impact on production in […]

Saskatchewan 2018 oat crop quality forecast well above average

Posted on Tuesday, November 13th, 2018 at 7:06 pm News Stories.

Saskatchewan Agriculture (SA), in the last crop report of the year, estimated 85% of the provincial oat crop will come in at the top two grades. While this is down from 94% last year, the 2018 crop is still well above the five and ten-year averages of 79% and 70% in terms of milling quality. […]

Chinese oat imports grow 428% in five years, further gains expected into 2021

Posted on Tuesday, November 6th, 2018 at 5:41 pm News Stories.

Demand for breakfast cereal in China is expected to continue to grow amid the urbanisation of the population and continued interest in Western eating habits. Breakfast cereal witnessed a 10% growth in current value terms in 2017 with forecasts calling for continued solid gains into 2021. The boom in cereal demand has seen China oat […]

Historical data points to higher UK oat prices into the New Year

Posted on Monday, November 5th, 2018 at 6:35 pm News Stories.

UK grower oat prices are trading nearly £60.00/t more than in October 2017 based on corn return data. Smaller than expected oat production this year, that also has quality issues, is coupling with rising commercial oat use to push oat prices to the highest monthly price since May 2013. UK oat production is estimated to […]