# March Oats Reach Fresh Contract High - DTN The Progressive Farmer | Borostos

> US oat futures for March delivery hit a fresh contract high in early December 2020. Speculators increased their net-long positions in oats while reducing them in several other grains. USDA November estimates showed higher US production and the highest ending stocks in three years, alongside forecast imports of 94 million bushels.

- Date: 2020-12-09 · published 2020-12-09T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/11429-march-oats-reach-fresh-contract-high-dtn-the-progressive-farmer-borostos
- Commodities: [Oats](https://feedsoft.ai/c/OATS.md)

## Why it matters

Heavy import forecasts and rising Canadian production cap upside, but speculative buying and strong global feed demand support prices for feed oats.

## Read by commodity

- OATS: bullish ▲

## Sources

- borostos.blogspot.com: https://borostos.blogspot.com/2020/12/march-oats-reach-fresh-contract-high.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.