Oat production was a little less bountiful than expected and as such, we’re seeing some solid prices in the market. This week milling bids are pulling in at $4.25/bu delivered for Dec. – Feb. movement. This has translated to an equally solid FOB price sitting around that $3.60/bu range on farm pending location. The closer you are to Manitoba the better. Call your Rayglen agent if you are looking for movement and price specifics in your area with a pricing target being a great option. Just a reminder though, with Christmas around the corner the shipping window for December is tight. Some more good news for oats has been the solid trade that’s taken place with the US as we’ve far surpassed what’s been done the last two years. However, it’s worth keeping an eye on European oats and whether the Americans import from them down the road which would lead into some downsized demand for Canadian product. On the feed side, prices continue to hover around that $2.40 – $2.70/bu range. We may see oat prices pull up a bit as buyers may look to offset barley with other feed substitutes… stay tuned.