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Analysts preview Statistics Canada's first 2019-20 production estimates, noting that AAFC figures already fall within pre-report trade expectations. The article also reviews historical price moves in canola, spring wheat and oat futures on report days.
Expectations are for no major surprise, so the report is unlikely to shift grain prices much, though the USDA's recent revisions have raised doubts about the data.
dtnpf.comCliff Jamieson27 ago 2019Todavía no hay suficientes eventos comparables pasados para una lectura histórica.
Tras 35 eventos neutral de informe pasados, Avena se movió una mediana de +0,2 % en 5 sesiones (51% al alza; mitad central entre -1,9 % y +2,5 %), y -1,2 % 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.
Statistics Canada's first 2019-20 production estimates were due around Aug 27-28, and report-day positioning in oat futures could plausibly have driven a sharp move via supply-expectation repricing.
