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Alberta Agriculture's late July dryland yield index stands at 85, 15% below the five-year average. Estimated dryland yields are 77.4 bushels per acre for oats and 38.9 for spring wheat, with barley, canola and peas also below normal.
Below-normal Alberta yields signal a smaller Canadian feed grain crop, supporting barley, oat and canola meal prices.
dtnpf.comCliff JamiesonJul 31, 2023Not enough comparable past events yet for a historical read.
After 68 past bullish weather events, Oats moved a median -0.8% over 5 sessions (47% higher; middle half -3.6% to +3.9%), and -0.3% 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.
