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USDA data shows US oat production in 2022 at 57.655 million bushels, up 45% from 2021, on a 37% gain in harvested area and a yield of about 64.8 bushels per acre. State-level figures for Illinois, Iowa, Minnesota, Michigan and Kansas are included, and the next USDA supply and demand update is due October 12.
A sharp rise in US oat supply loosens feed oat availability and points to lower oat prices after the tight 2021 crop. Buyers should expect more supply relief in the coming months.
brownfieldagnews.comadminSep 30, 2022After 72 past bearish report events, Oats moved a median +0.2% over 5 sessions (50% higher; middle half -3.7% to +3.8%), and -2.5% over 20.
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.
