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Oat acreage in Western Canada fell 40% in 2023 to 2.5 million acres, the lowest on record. Seed companies are promoting new feed and forage oat varieties to revive demand.
The article covers the new varieties on display at a Saskatchewan farm show.
Record-low acreage tightens the oat supply base, but new varieties aim to restore plantings. Price effects depend on whether farmers return to oats in volume.
producer.comDon NormanOct 28, 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.
