# Oat prices rise to five-month highs

> CBOT July oats settled at US$4.0175 per bushel on May 9, their highest close since early December, as wheat strength spilled over. Analysts cited tight old- and new-crop oat stocks and smaller global exports, with Canadian oat stocks down 50.9%.

- Date: 2024-06-01 · published 2024-06-01T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/30305-oat-prices-rise-to-five-month-highs
- Commodities: [Oats](https://feedsoft.ai/c/OATS.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Tight oat stocks and wheat-linked strength push oat prices higher, increasing feed costs for buyers using oats in rations.

## Read by commodity

- OATS: bullish ▲
- WHEAT: bullish ▲

## Sources

- farmtario.com: https://farmtario.com/daily/oat-prices-rise-to-five-month-highs/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.