Oat prices are forecast to decrease from 1998-99 due to lower US corn prices. Food and industrial use for starch and ethanol production is expected to continue to rise while feed use is forecast to drop slightly on lower hog inventories. Exports are expected to remain high, with a large portion destined for offshore markets. Canada is expected to be a small net importer of corn. Chatham corn prices are expected to fall from 1998-99, due to lower US corn prices and record Canadian corn production.
Domestic use is forecast to fall due to lower exports of linseed oil to China.
Carry-out stocks are forecast to rise sharply. Domestic use is forecast to increase due to strong crush margins, while exports are forecast to rise due to strong demand from niche markets. Excludes exports of oilseed products. Statistics Canada, Cereals and Oilseeds Review Series, Cat.