2015/2016

Oats acreage is expect to increase around 7 percent and 10 percent as land that could not be seeded the previous year is recovered.

2014/2015

Oats are moving again in 2014/2015 after a disastrous previous year that was fraught with logistics issues. Exports are being supported by a weak Canadian dollar and lower quality which helps drive down prices. However, Canadian oats are facing competition from Europe in the US market as companies try to manage their risk against logistical bottlenecks. U.S. supplies of oats are high due to the fact that a lot of the oats moved at the end of crop year 2013-2014 as well as higher US production. Domestic use in feed is a little lower due to the availability of feed wheat, as well as a little more oats being directed into human consumption.

Oats

2013/2014

2014/2015

2015/2016

Marketing Begins

Aug-13

Aug 2014

Aug-15

Canada

USDA Official

New Post

USDA Official

Old Post

USDA Official

New Post

Area Harvested

1,113

1,113

910

912

0

1,050

(1000 HA)

Beginning Stocks

506

506

1,031

1,031

0

900

(1000 MT)

Production

3,906

3,906

2,910

2,908

0

3,200

(1000 MT)

MY Imports

24

24

10

20

0

20

(1000 MT)

TY Imports

26

26

10

20

0

20

(1000 MT)

TY Imp. from U.S.

14

14

0

0

0

0

(1000 MT)

Total Supply

4,436

4,436

3,951

3,959

0

4,120

(1000 MT)

MY Exports

1,659

1,659

1,700

1,700

0

1,700

(1000 MT)

TY Exports

1,728

1,728

1,700

1,700

0

1,700

(1000 MT)

Feed and Residual

971

1,023

700

824

0

827

(1000 MT)

FSI Consumption

775

723

750

535

0

643

(1000 MT)

Total Consumption

1,746

1,746

1,450

1,359

0

1,470

(1000 MT)

Ending Stocks

1,031

1,031

801

900

0

950

(1000 MT)

Total Distribution

4,436

4,436

3,951

3,959

0

4,120

(1000 MT)

Yield

3.5094

3.5094

3.1978

3.1886

0.0000

3.0476

(MT/HA)

TS=TD

0

0

0

0

0

0