Just wondering if anyone is seeing any interesting oat bids in the Edmonton region for delivery before Christmas. Best I have come up is 3.35/bu. Since deflation does not exist, I can't believe bids are back to 2019/20 levels. I have some tying up my truck as the bin is full so would like to move this fall.
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Imagine outside of dedicated areas oat acres will severely decline next year but prices won’t recover till later next year or possibly early the year after that. Happens every time oat prices spike. Such an easily flooded market and end users know this. My oats are getting a birthday and I’ll probably grow more next year lol.
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Those numbers don’t pay the bills, don’t give them away. Looks like lots of people contracted so that needs to get through the system. Still lots of demand for oats, and falling CAD will make them attractive for feed too. Locally they are now offering $4.50 for feed and $4.50 for milling, same price! I am holding.
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