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Saskatchewan research at four sites found that cutting oat nitrogen rates by 15 percent was economical in 2023, a dry season. Most growers apply about 90 pounds per acre of nitrogen, and the trials were supported by SaskOats.
Lower fertilizer input costs can improve grower margins and may shift acreage decisions, but the benefit depends on weather, so the effect on oat supply and prices is limited.
producer.comRobert ArnasonNov 7, 2024After 16 past neutral weather events, Oats moved a median +0.8% over 5 sessions (50% higher; middle half -5.9% to +3.3%), and +0.0% over 20.
After 37 past weather events, Urea moved a median +1.4% over 5 sessions (73% higher; middle half -0.1% to +1.6%), and +5.6% over 20.
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.
