# Canada's oat acres look to rise in 2017 - Grainews

> Canadian oat acreage is expected to rise in 2017 as relatively favourable cash prices attract producers. Cash oats in Manitoba trade around $3.50-$3.60/bu and in Saskatchewan $3.00-$3.10/bu, versus CBOT March futures near US$2.60.

- Date: 2017-01-25 · published 2017-01-25T12:00:00.000Z
- Category: market · region Canada · magnitude low
- Page: https://feedsoft.ai/events/73039-canada-s-oat-acres-look-to-rise-in-2017-grainews
- Commodities: [Oats](https://feedsoft.ai/c/OATS.md)

## Why it matters

Expected acreage growth in Canadian oats would add supply and could cap cash prices, while a shift from wheat to oats reflects weaker wheat interest. Persistent cash-futures basis problems may keep buyers relying on cash rather than futures.

## Read by commodity

- OATS: bearish ▼

## Sources

- grainews.ca: https://www.grainews.ca/daily/canadas-oat-acres-look-to-rise-in-2017/

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