# W34: Oats Update

> Russia's 2023 oat crop is forecast at 3.48 mmt, down from 4.53 mmt previously, within a grain harvest of about 140 mmt. In Baden-Württemberg, drought has pushed oat yields about 25% below last year, with output expected to fall 18% to 79,000 mt. Brazilian white oat crops are progressing through the growing stages.

- Date: 2023-09-01 · published 2023-09-01T12:00:00.000Z
- Category: weather · region Global · magnitude low
- Page: https://feedsoft.ai/events/34165-w34-oats-update
- Commodities: [Oats](https://feedsoft.ai/c/OATS.md)

## Why it matters

Lower Russian and German oat output reduces exportable supply and supports prices, especially as the Canadian crop is also short. Feed buyers may face firmer offers in Europe and the Black Sea.

## Read by commodity

- OATS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| OATS | 2023-05-18 | [W19: Oats Update](https://feedsoft.ai/events/35992-w19-oats-update.md) | -3.9% | +17.6% |
| OATS | 2023-06-15 | [W23: Oats Update](https://feedsoft.ai/events/35534-w23-oats-update.md) | +2.0% | +0.4% |
| OATS | 2026-10-09 | [Oat Market Update: CBOT Rally vs. Stable EU Feed Oat Prices — CMB News](https://feedsoft.ai/events/468-oat-market-update-cbot-rally-vs-stable-eu-feed-oat-prices-cmb-news.md) | -5.9% | -17.1% |
| OATS | 2021-09-23 | [CBOT oats climb on supply woes - AgCanada](https://feedsoft.ai/events/45122-cbot-oats-climb-on-supply-woes-agcanada.md) | +4.8% | +19.6% |
| OATS | 2024-05-09 | [MMN May 2024 - Straights Update \| Helping farmers in Scotland](https://feedsoft.ai/events/30302-mmn-may-2024-straights-update-helping-farmers-in-scotland.md) | +0.4% | -9.4% |

## Sources

- tridge.com: https://www.tridge.com/weekly-product-updates/w34-oats-update

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