# Uncertain year ahead for oats as price collapses | The Western Producer

> Western Canadian oat bids have fallen by more than half from a year ago, with high-delivered bids in Alberta at $5.32/bu and Saskatchewan at $4.13/bu as of early January. The March CBOT oat contract hit US$3.27/bu in December, its lowest since 2020, after an all-time high of $8.11 in April 2022. Buyers who already hold oats show little interest in more.

- Date: 2023-01-19 · published 2023-01-19T12:00:00.000Z
- Category: market · region Canada · magnitude medium
- Page: https://feedsoft.ai/events/37857-uncertain-year-ahead-for-oats-as-price-collapses-the-western-producer
- Commodities: [Oats](https://feedsoft.ai/c/OATS.md)

## Why it matters

Larger acreage and higher yields have increased supply while end users are well stocked, so demand is weak and prices remain under pressure. Canadian cash bids look high relative to futures, which limits basis-driven buying.

## Read by commodity

- OATS: bearish ▼

## Sources

- producer.com: https://www.producer.com/news/uncertain-year-ahead-for-oats-as-price-collapses/

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.