# December Oats Futures Contract Continue to Slide

> December Chicago oats futures closed at $3.95 3/4 per bushel on October 11, falling below $4 for the first time since June. The contract breached support levels from its September low, with the next support seen near its 200-day average around $3.94.

- Date: 2023-10-11 · published 2023-10-11T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/33706-december-oats-futures-contract-continue-to-slide
- Commodities: [Oats](https://feedsoft.ai/c/OATS.md)

## Why it matters

Lower oats futures reflect easing bullish speculative positioning and a wider December-March spread, which signals ample nearby supply. Feed buyers can expect cheaper oats in the near term.

## Read by commodity

- OATS: bearish ▼

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/news/article/2023/10/11/december-oats-futures-contract-slide

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