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An AEGIC report says the outlook for Australian oats is positive, with a solid domestic milling base and strong export prospects. Australia is the main oat supplier to China and the report urges closer engagement with Chinese buyers.
It also recommends monitoring competitor activity.
The report is a long-term outlook with no immediate supply shock, so it has little direct effect on near-term oat or feed prices.
groundcover.grdc.com.auSean CowmanNov 7, 2021After 35 past neutral report events, Oats moved a median +0.2% over 5 sessions (51% higher; middle half -1.9% to +2.5%), and -1.2% 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.
