# Oats face an uncertain year | Farmtario

> Western Canadian oat bids are less than half their year-ago levels, with the CBOT March oat contract at US$3.27/bu in early December. Farmers expect reduced oat acres in 2023 after the price collapse. Canadian end users are slow to buy because they hold high-priced contracts and inventory.

- Date: 2023-01-13 · published 2023-01-13T12:00:00.000Z
- Category: market · region Canada · magnitude low
- Page: https://feedsoft.ai/events/37868-oats-face-an-uncertain-year-farmtario
- Commodities: [Oats](https://feedsoft.ai/c/OATS.md)

## Why it matters

Expected acreage cuts could tighten supply later in 2023, which may support prices, but current weak demand and heavy stocks keep the near-term outlook bearish.

## Read by commodity

- OATS: bearish ▼

## Sources

- farmtario.com: https://farmtario.com/daily/oats-face-an-uncertain-year/

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