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Barchart columnist Darin Newsom writes that the oats market lacks reliable fundamental reads and that he sees no bullish technical reversal on the Dec24 oats chart. He concludes the outlook is not bullish at present.
This is routine commentary without a new supply or demand shock, so it has little direct effect on feed oat prices.
barchart.comDarin NewsomJun 14, 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.
