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Oat prices in Western Canada are around C$3.50 per bushel, with some millers paying up to C$4, but elevators are struggling to take delivery. Analyst John Duvenaud says weak cereal bar sales are cutting orders from merchandisers, while oatmeal demand remains steady.
Softer food-grade demand for oats, which is most of Canada's crop, weighs on cash prices and delivery opportunities. Feed-grade oats could see more pressure if food buyers stay cautious.
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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.