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Statistics Canada's September stocks report put 2022-23 oat ending stocks at 1.275 million tonnes, well above the prior year and the five-year average. Analysts expect the upcoming production report to raise the 2023-24 oat estimate, though it will remain well short of last year.
Cash bids in Manitoba and Alberta have fallen over the past month.
Large old-crop carryout offsets the smaller new crop, keeping Canadian oat supplies comfortable and pressuring feed oat prices. Buyers have less reason to pay premiums while stocks stay heavy.
grainews.caGFM Network News12 sept 2023Tras 72 eventos bajista de informe pasados, Avena se movió una mediana de +0,2 % en 5 sesiones (50% al alza; mitad central entre -3,7 % y +3,8 %), y -2,5 % en 20.
Variaciones de la referencia de cada materia prima desde el último cierre antes del evento. Las lecturas históricas agrupan eventos pasados del mismo tipo; describen lo ocurrido, no lo que ocurrirá. No es asesoramiento de inversión.
