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UK milling oat spot prices in October reached £181.50/t, the highest since May 2013 and 50% above a year earlier. Record dry spells cut spring planting, which accounts for 40-50% of the UK oat crop, and UK oat production fell 2% year on year.
Demand from July to September was up 9%.
Lower yields and quality from the dry spring tighten milling oat supply while demand rises, supporting firm prices. Oats are outperforming feed wheat and barley on a cost-benefit basis, which may keep buyers competing for supply.
fwi.co.ukJack Yates6 nov 2018Tras 68 eventos alcista de clima pasados, Avena se movió una mediana de -0,8 % en 5 sesiones (47% al alza; mitad central entre -3,6 % y +3,9 %), y -0,3 % 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.
