W4 Oats Update: Canada's Oats Export Soared by 14% in 2023/24 MY Amidst Global Grain Market Trends

Canada’s Oats Exports Increased by 14% Yoy in the 2023/24 MY

Canada exported 0.8 million metric tons (mmt) of oats to foreign markets during the 2023/24 marketing year (MY), reflecting a 14% year-on-year (YoY) increase since the beginning of the MY.

Russia’s Chelyabinsk Region Experienced 3.1-Fold Growth in Grain Exports in 2023

In 2023, grain exports from the Chelyabinsk region surged to USD 36.5 million, a significant increase from USD 11.9 million in 2022, marking a 3.1-fold growth. The boost was primarily driven by wheat and barley, with additional exports of rice, buckwheat, oats, and rye.

Oats Contributed 11.8% to Vologda Region's 2023 Grain Harvest

During the 2023 agricultural season, farmers in the Vologda region collected 211 thousand tons of grain, up 18% YoY or 32 thousand metric tons (mt). The regional government also provided agricultural producers with subsidies for the development of crop production. In 2023, USD 8.03 million (RUB 716.4 million) were allocated for these purposes (product production, seed production, land reclamation measures). In 2024, it will continue to provide state support to the region’s farmers. The primary share of the harvested grain includes feed barley at 68%, alongside wheat at 16.4%, oats at 11.8%, and legumes at 3.8%.

Kursk Region, Russia, Achieved 784.1 Thousand MT in Grain, Legume, and Oilseed Exports in 2023

In 2023, Russia's Kursk region exported 784.1 thousand mt of grains, legumes, and oilseeds. Notable exports from the region include peas (22.9 thousand mt), lupine (9.8 thousand mt), soybeans (5.4 thousand mt), and oats (4.2 thousand mt). The Kursk branch of Federal State Budgetary Institution "Grain Quality Assessment Center" examined the exported products to ensure compliance with the technical regulations of the Customs Union "On Grain Safety" and the requirements of importing countries.

Crimean Farmers Plan Early Spring Crop Sowing, Targeting Barley and Oats

Crimean farmers are gearing up for the early sowing of spring crops, with plans to start sowing barley and oats in mid-Feb-24. The intended sowing area for early spring crops exceeds 75 thousand ha, surpassing the previous year's figures and the planned targets set in the fall.