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A technical analysis notes oat futures rose about 100% in 2021 in a parabolic move and recently completed a double-top pattern below the 713 level. The analyst expects consolidation or retracement.
A technical breakdown suggests possible near-term softening in oat futures, which could ease feed oat costs after a sharp rally.
grainreport.klarenbach.caTrent KlarenbachDec 1, 2021Not 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.
