Loading…
UK oat exports have begun to slow after strong historical shipments, mainly to the EU, with a season forecast of about 105 Kt. Wheat exports have fallen sharply while imports rose on domestic shortages and adverse weather, and barley exports declined as imports more than doubled.
A slowdown in UK oat exports leaves more supply at home and modestly eases export demand for oats in Europe, while the shift to wheat and barley imports tightens UK feed grain balances.
tridge.comVictor LangatApr 17, 2024After 17 past bearish trade events, OATS moved a median +1.2% over 5 sessions (71% higher; middle half -4.2% to +5.0%), and -0.2% over 20.
After 431 past bullish trade events, WHEAT moved a median +0.0% over 5 sessions (50% higher; middle half -1.3% to +2.1%), and +0.5% over 20.
Not 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.
