Well oats in this area pencil out pretty good and good for our crop rotations. We seed orrin and clean our own seed. Seed at 2.5 bushels per acre or a little heavier depending on seed weight (not uncommon to get 45+ lb oats). Put down 30 lbs of phos, 70 lbs of N and hopefully field has some sulfur left in it, otherwise its best to have some added to your nitrogen. Some guys put potash down to help with straw strength but orrin and morgan are good standing oats. We seed ours close to last and is usually harvested right in middle, its a quick crop and faster than barley. You need to preburn to get any volunteer cereals or wild oats and prepass works well. In crop herbicide is about $8-9 per acre. We spray our oats at flag stage (same as barley) with quilt or twinline. Usually get 120-130 bpa but can go up to 170-200 bpa, last year 155. Sold oats for no less than 3.50 and up to 3.75 (if I held out it was over $4 here for a while). So if you pencil that out, you make more per acre net than an average wheat or barley crop as long as you get the bushels and 3.50 per bushel.
A helpful tip...although not on the label, jumpstart on oats has increased our yearly yields by 8-10%. We were first to do trials on it and this year you have almost see the line.