Oat growers are going to whipsaw crop production again this spring, slashing acres in response to the plunge in profitability.
That’s going to set up better pricing times for farmers, says analyst Randy Strychar of oatinformation.com, but is yet another symptom of a deeply dysfunctional oats pricing system.
“We have to change the pricing model. We have to get rid of the unpredictability,” said Strychar to Manitoba oat growers at CropConnect.
“We have to get this more aligned with where the supply and the demand is in the food sector, not the feed sector. That’s a whole different price dynamic.”