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Barchart's Jim Wyckoff says December oats futures hit a four-week high and are in an uptrend, with MACD turning bullish. He flags resistance at $3.55 and support at $3.37, with an upside objective of $4.00 or more.
Gains in the broader grain complex and shrinking US oat acreage support oat prices, and feed buyers should expect firmer oat values in the near term.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.