Larry, 101 , others, we have all the oats off and dried , some are paying $3 from combine for all of them if we want . Do you think a person should bin any of them at that price . Have already hauled out 2/3 of them Hardly any are off , in fact hardly anything is off here. Supposedly oat acres are way up and i wonder if price will tank once combines start rolling . All future prices are lower than that or is there going to be a shortage of oats ? In a 35 mile drive yesterday saw 1 canola , 3 peas 1 barley, and 1 wheat combined. already had to bin 2/3 of the peas as prices are shitty here. Thanks
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Originally posted by SASKFARMER View PostAny time I can get over three, I sell oats. Lots of oats seeded, but most are like you say not harvested. In our area, all fields show yields will be less than last year except one that's lodged and flat.
Maybe hold off for 3.50 or 3.75 but that will be the top IMHO.
There may be more premiums, but $3 plus shouldn't be ignored from a cash market perspective.
The bear is; like for all commodities, the global economy. The U.S. is on the cusp-of-recession (IMO). This could impact all markets should the 4th quarter show a major downturn.
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Ask Quaker or General Mills what they think a good price is. I'm sure they have your best interest at heart.
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Just waiting for the price of cheerios/oatmeal/etc to go up and never come down on the price of oats....even though their supply of oats probably has a locked in price for most of it...
The precedent has been set with the Westons and bread price fixing and no fine...
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Case Your brother was telling how they were yielding so at 3.00 i world think you are well into the black ink on the ledger and you know the old saying "Pigs Get Slaughtered" HaHa
Honestly i really don't know where the price will go.
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Originally posted by seldomseen View PostCase Your brother was telling how they were yielding so at 3.00 i world think you are well into the black ink on the ledger and you know the old saying "Pigs Get Slaughtered" HaHa
Honestly i really don't know where the price will go.
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On that topic, what is a realistic yield for oats nowadays. High inputs, and without them going flat down. I hear some numbers that almost make them look profitable, and maybe even worth the itch, but I've never seen a high yielding oat crop that wasn't flat around here.
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