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Statistics Canada estimates Canadian oat plantings at 2.55 million acres, down 15% from last year. A carryout of about 800,000 tonnes from last year's large harvest will offset part of the acreage drop, and the crop looks good.
Tighter 2026-27 supply is partly cushioned by carryover and a good crop, so buyers should expect firm but not sharply higher oat prices.
After 52 past bullish report events, OATS moved a median -2.0% over 5 sessions (33% higher; middle half -3.4% to +2.4%), and +0.7% over 20.
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.