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Western Australian growers expect a record oat harvest this season, with production projected at 857,500 tonnes. Prices have fallen to around $300 per tonne, and the crop is expected to lower prices and boost demand from Asia's oat milk and milling sectors, especially China.
A record Australian crop aims to take share from Russian oats in China, adding export competition that could weigh on global oat prices.
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.