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Current oat price

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  • Guest

    Current oat price

    Larry, 101 , others, we have all the oats off and dried , some are paying $3 from combine for all of them if we want . Do you think a person should bin any of them at that price . Have already hauled out 2/3 of them Hardly any are off , in fact hardly anything is off here. Supposedly oat acres are way up and i wonder if price will tank once combines start rolling . All future prices are lower than that or is there going to be a shortage of oats ? In a 35 mile drive yesterday saw 1 canola , 3 peas 1 barley, and 1 wheat combined. already had to bin 2/3 of the peas as prices are shitty here. Thanks
  • SASKFARMER
    Senior Member
    • Dec 2005
    • 7082

    #2
    Any time I can get over three, I sell oats. Lots of oats seeded, but most are like you say not harvested. In our area, all fields show yields will be less than last year except one that's lodged and flat.

    Maybe hold off for 3.50 or 3.75 but that will be the top IMHO.

    Comment

    • errolanderson
      Senior Member
      • Jan 2012
      • 3151

      #3
      Originally posted by SASKFARMER View Post
      Any time I can get over three, I sell oats. Lots of oats seeded, but most are like you say not harvested. In our area, all fields show yields will be less than last year except one that's lodged and flat.

      Maybe hold off for 3.50 or 3.75 but that will be the top IMHO.
      Agree Sask, . . . our western Cdn milling oat prices should hold up into winter as fundamentals look good.
      There may be more premiums, but $3 plus shouldn't be ignored from a cash market perspective.

      The bear is; like for all commodities, the global economy. The U.S. is on the cusp-of-recession (IMO). This could impact all markets should the 4th quarter show a major downturn.

      Comment

      • farmaholic
        Senior Member
        • Sep 2010
        • 17487

        #4
        Ask Quaker or General Mills what they think a good price is. I'm sure they have your best interest at heart.

        Comment

        • Guest

          #5
          GM only wants rotten black swathed mildewed oats
          Ours are ausrtanadaed and whilte
          They wouldnt want these lol
          Last edited by Guest; Sep 12, 2019, 07:49.

          Comment

          • bucket
            Senior Member
            • Jan 2008
            • 17041

            #6
            Just waiting for the price of cheerios/oatmeal/etc to go up and never come down on the price of oats....even though their supply of oats probably has a locked in price for most of it...

            The precedent has been set with the Westons and bread price fixing and no fine...

            Comment

            • Bowerpower
              Senior Member
              • Sep 2017
              • 203

              #7
              I would bin in if you have space There’s already a 25-30 carry in market for DD

              Comment

              • ajl
                Senior Member
                • May 2008
                • 3263

                #8
                Oat acres up in Edmonton region. Finally some are maturing. Heavy crop. Weather is improving. Lots of oats if these make it. Should price some now.

                Comment

                • seldomseen
                  Senior Member
                  • Sep 2010
                  • 2045

                  #9
                  Case Your brother was telling how they were yielding so at 3.00 i world think you are well into the black ink on the ledger and you know the old saying "Pigs Get Slaughtered" HaHa

                  Honestly i really don't know where the price will go.

                  Comment

                  • Guest

                    #10
                    Originally posted by seldomseen View Post
                    Case Your brother was telling how they were yielding so at 3.00 i world think you are well into the black ink on the ledger and you know the old saying "Pigs Get Slaughtered" HaHa

                    Honestly i really don't know where the price will go.
                    i agree , lol

                    Comment

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