# Canadian Oats Supply, Canadian Farmers See Leaner Times | Paradigm Futures

> Statistics Canada's December report cut 2024 Canadian oat production to about 3.2 million metric tons, a 12-15% drop from last year. Lower planted acreage as farmers favored canola and wheat, plus dry spells in the Prairie Provinces, drove the decline. Ending stocks are projected to fall to about 500,000 metric tons, the lowest in five years.

- Date: 2024-12-18 · published 2024-12-18T12:00:00.000Z
- Category: weather · region Canada · magnitude medium
- Page: https://feedsoft.ai/events/7782-canadian-oats-supply-canadian-farmers-see-leaner-times-paradigm-futures
- Commodities: [Oats](https://feedsoft.ai/c/OATS.md)

## Why it matters

Tighter Canadian oat supplies and carryout stocks reduce exportable supply and support oat prices for feed buyers. Weather-driven production losses are likely to keep prices firm into 2025.

## Read by commodity

- OATS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| OATS | 2026-09-25 | [Oat futures climb nearly $1 as Canadian production drops 20%](https://feedsoft.ai/events/17516-oat-futures-climb-nearly-1-as-canadian-production-drops-20.md) | -2.8% | -10.9% |
| OATS | 2017-07-03 | [Wheat and oat futures soar amid supply worries](https://feedsoft.ai/events/6175-wheat-and-oat-futures-soar-amid-supply-worries.md) | +5.5% | -2.0% |
| OATS | 2021-09-23 | [CBOT oats climb on supply woes - AgCanada](https://feedsoft.ai/events/45122-cbot-oats-climb-on-supply-woes-agcanada.md) | +4.8% | +19.6% |
| OATS | 2018-08-07 | [US-China Trade War Or European Drought? Oats Futures Rally Anyhow \| Investing.com Canada](https://feedsoft.ai/events/63577-us-china-trade-war-or-european-drought-oats-futures-rally-anyhow-investing-com.md) | -1.3% | -10.5% |
| OATS | 2022-01-03 | [Oats futures on the rise — LC Marketing](https://feedsoft.ai/events/43203-oats-futures-on-the-rise-lc-marketing.md) | -2.2% | +1.8% |

## Sources

- paradigmfutures.net: https://paradigmfutures.net/a/news/canada-oats/

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