Chicago oat futures rallied as heavy rain and flooding hit parts of Saskatchewan, Manitoba and other Prairie areas, which together grow much of Canada's oat crop. Deliverable oat supplies at the CBOT fell sharply, from 479 registrations on June 23 to 42 by the reported Tuesday, adding to the gains.
An analyst said the rally may be short-lived because prices are near key moving averages.
Canada supplies a large share of world oats, so weather damage and tighter deliverable stocks support prices and raise the cost of oat-based feed, though the rally may fade.
Tras 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.