Loading…

Grainews reports Canadian oat plantings at 2.55 million acres, down 15% from last year, with a carryout of about 800,000 tonnes. A grain buyer expects tighter supply but no major price spike unless a disaster occurs.
Tighter supply is partly offset by carryover and good crop prospects, so price moves should be moderate.
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.