Oat prices forecast AND Canola production estimate

Oat prices fell sharply just prior to harvest as it became apparent the 2022 crop was going to produce large yields. Good rain at just the right time in prime growing regions of eastern Saskatchewan and western Manitoba contributed to the good crop. Jonathan Dreidger with Leftfield Commodity Research shares what is happening with the oat prices and what to expect in the coming months.Statistics Canada cut its final canola production estimate by nearly one million tonnes compared to the September estimate which surprised the trade. The wheat estimate is also lower. Ken Ball with P.I. Financial in Winnipeg will have his reaction to the final crop estimates.See omnystudio.com/listener for privacy information.