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Western Australia's oat crop is forecast at 857,500 tonnes from over 400,000 hectares, well above last year's 665,000 tonnes. WA oat prices have eased to about A$300 per tonne from over A$400 in prior years, making Australian oats more competitive in Asia.
A larger Australian crop and lower prices add export supply that could draw Asian oat milk and milling demand away from Russian oats, pressuring oat values.
After 96 past weather events, Oats moved a median -0.2% over 5 sessions (49% higher; middle half -3.5% to +4.3%), and -0.3% 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.