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Photo: File

Court remedy sought for unfulfilled contracts

Sask. company claims equipment breakdown at a third-party mill caused it to declare force majeure on contracted oats

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More than two dozen farmers are moving ahead with legal action against Purely Canada Foods after it failed to honour contracts for gluten-free oats. The dispute centres on 2022 gluten-free oat contracts. On March 1, 2023, the company sent a letter to the farmers saying it was voiding the contracts because oat processing machinery had failed the previous fall and it couldn’t accept the crop.
CBOT December 2023 oats with cash contract price overlay (brown line). (Barchart)
Crops, Markets

Oat cash prices don’t immediately follow CBOT movement

One trader can push market around, trader says

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MarketsFarm — While oats on the Chicago Board of Trade rallied recently, upward movement in cash prices was varied. Even as that rally came to its eventual end, cash prices on the Canadian Prairies did not budge a great deal. Over nine consecutive sessions, the December oat contract at Chicago pushed higher by 29.5 U.S.
(Kraig Scarbinsky/DigitalVision/Getty Images)
Grain Markets, Markets

Expert’s Radar: Diet choices fuel demands

Despite falling production, oat and flax prices haven’t taken off

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A bowl of Cheerios doused in oat milk is a popular breakfast option in my house. A quick granola bar when in a rush is also a common choice. The neighbourhood coffee shop proudly advertises that pumpkin spice lattes can be had with oat milk, which was all but unheard of only a few years
(Brett Holmes Photography/iStock/Getty Images)
Crops, Markets

Few surprises in StatCan report, analyst says

Downward revision on canola among those few

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MarketsFarm PRO analyst Mike Jubinville said Statistics Canada’s principal field crop production report, released Thursday, did not contain too many surprises. The agency’s previous report on Aug. 29 already provided insight as to what production numbers were going to be, he said, but still warned the model-based projections in the latest report will not be
(File photo by Dave Bedard)
Crops, Markets, Weather

Canada bumps up wheat harvest view, trims canola estimate

StatCan releases yield outlook as of Aug. 31

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Winnipeg | Reuters — Canadian farmers will harvest slightly more wheat and a bit less canola than expected earlier in summer, but dry conditions will keep both crops small, a government report showed on Thursday. Farms in North and South America, Europe and Australia are facing crop losses as extreme weather spreads over an unusually
Oats. (Greg Berg photo)
Crops, Markets

StatCan expected to raise estimate for oats production

Ending stocks estimate 'probably fairly accurate'

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MarketsFarm — Ahead of the model-based Statistics Canada production report due out on Thursday, Scott Shiels of Grain Millers Canada in Yorkton, Sask. said it’s likely the agency’s numbers for oats will increase. StatCan issued its first model-based production report for 2023-24 on Aug. 29, which placed the country’s oats at about 2.429 million tonnes.
File photo of a federal office building in downtown Winnipeg. (Dave Bedard photo)
Crops, Markets

Canada’s canola carryout up on year, wheat down slightly

Barley, oats, peas also up on year

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MarketsFarm — Canadian canola ending stocks edged higher in 2022-23, while wheat carryout was slightly lower, according to the latest stocks data from Statistics Canada, released Friday. Barley, oats and peas also saw increases on the year, while lentil supplies tightened. Total wheat stocks as of July 31, at 3.58 million tonnes were down by
(File photo by Dave Bedard)
Crops, Markets

Canada to harvest less wheat than expected due to drought

Canola, barley, oats output also projected lower

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Winnipeg | Reuters — Canadian farmers will harvest less wheat than expected after dry conditions in parts of the Prairie provinces shrunk yields, a government report showed on Tuesday. Drought is expected to send global wheat stockpiles for major exporters to the lowest levels in more than a decade, a Reuters analysis has shown. Canada
(Viterra.ca)
Crops, Markets

Increases seen in most July grain deliveries

Oats deliveries more than double, canola near double

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MarketsFarm — Most July deliveries of major grains in the country were higher than those from the same period a year ago, Statistics Canada reported Thursday. Total grain deliveries this past month tallied 4.056 million tonnes for a jump of 43.8 per cent over the previous July. All wheat came in at 2.186 million tonnes,

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