# Large oat production won’t move prices

> Statistics Canada estimated Canadian oat production at 3.952 million tonnes for 2019, up from 3.436 million in 2018. Low carryover stocks were cited as the reason the larger crop is not expected to shift prices.

- Date: 2019-08-29 · published 2019-08-29T12:00:00.000Z
- Category: report · region Canada · magnitude low
- Page: https://feedsoft.ai/events/5698-large-oat-production-won-t-move-prices
- Commodities: [Oats](https://feedsoft.ai/c/OATS.md)

## Why it matters

Despite the larger crop, record-low ending stocks mean buyers should not expect oat prices to fall, so feed oat costs are likely to stay stable.

## Read by commodity

- OATS: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| OATS | 2017-11-06 | [The Catch-22 of oat production - Country Guide](https://feedsoft.ai/events/68030-the-catch-22-of-oat-production-country-guide.md) | +3.4% | -8.3% |
| OATS | 2021-04-26 | [Optimizing organic oat production - Top Crop ManagerTop Crop Manager](https://feedsoft.ai/events/47665-optimizing-organic-oat-production-top-crop-managertop-crop-manager.md) | +0.5% | -10.8% |
| OATS | 2018-09-23 | [World oats production holds steady - Grain Central](https://feedsoft.ai/events/63079-world-oats-production-holds-steady-grain-central.md) | +4.6% | +16.7% |
| OATS | 2017-11-06 | [The Catch-22 of oat production \| Faculty of Agricultural, Life & Environmental Sciences](https://feedsoft.ai/events/68028-the-catch-22-of-oat-production-faculty-of-agricultural-life-and-environmental.md) | +3.4% | -8.3% |
| OATS | 2019-08-27 | [Futures Trade on Statistics Canada Production Report Day](https://feedsoft.ai/events/57626-futures-trade-on-statistics-canada-production-report-day.md) | -1.7% | +4.0% |

## Sources

- farmtario.com: https://farmtario.com/daily/large-oat-production-wont-move-prices/
- grainews.ca: https://www.grainews.ca/daily/large-oat-production-wont-move-prices/

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