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CBOT December oats futures closed at US$3.68/bu on Sept. 11, up 58.25 cents since Aug.
22 and at the highest since June. Western Canadian delivered oat bids ranged C$3.25-3.75/bu as Prairie harvest began, with good yields but light test weights and quality concerns.
Higher CBOT oats futures combined with tight Canadian oat stocks support feed oat values, though harvest volume and weak local quality cap cash gains for feed buyers.
marketsfarm.comAdam PeleshatySep 12, 2024Not 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.
