Source: Producer.com, October 29, 2019
Oats bids in Western Canada have stabilized for the time being, as the weather concerns that propped up the market at the beginning of the month are largely factored in for the time being.
“It’s a pretty stable market. Stable, but strong,” said Scott Shiels, of Grain Millers Inc. in Yorkton, Sask.
Prices moved up at the beginning of October on concerns that the crop wouldn’t be harvested, said Shiels. While conditions remained less than ideal, producers were able to make some headway heading through the month, with 82 per cent of the oats off the fields in Saskatchewan as of Oct. 21 and 67 per cent in Alberta.
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