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A commodity board commentary says oat futures on CBOT held steady or edged higher while wheat fell to multi-year lows on a global supply glut. It notes limited speculative activity in oats and flags Black Sea geopolitics, Ukraine trade and feed demand as uncertainties.
Oats are holding up better than wheat because of thin speculative positioning, but wheat weakness and Black Sea risks could eventually pull oat prices lower.
Not enough comparable past events yet for a historical read.
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.