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March Chicago oats rallied 61.75 cents from the Jan. 10 low to a Feb.
1 high of $3.98 3/4 per bushel, then closed 1 cent lower in a candlestick pattern that could signal reversal. Analyst Cliff Jamieson views the short-term uptrend as intact.
Technical signals show price indecision, so near-term direction in oat futures remains uncertain for feed buyers.
dtnpf.comCliff JamiesonFeb 1, 2023Not 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.
