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Rayglen's November 6, 2024 comments report Saskatchewan chickpea yields estimated at 22 bushels per acre, down from 26 in September, while planted acres rose over 50%. Oat milling bids reached $4.75 per bushel delivered in central Saskatchewan, while feed oats trade at $2.00-$3.00 FOB farm.
Lower chickpea yields are offset by larger acreage, so supply remains adequate and prices are steady. Firmer milling oat bids support the oat complex, while quiet feed oat trade keeps feed-grade values in a wide, lower range.
rayglen.comAmanda AndersonNov 6, 2024Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
