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Naomi Blohm of Total Farm Marketing highlights oats and rice as two commodities to watch in 2023. She notes US oat ending stocks of 30 million bushels for 2022/23 and planted acres of 2.6 million.
Tight US oat stocks and the focus on acreage suggest a possible rally if spring plantings fall short, supporting feed oat prices.
farmprogress.comNaomi BlohmDec 29, 2022Not 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.
