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Richardson International and the two largest Canadian oat millers will only buy oats not treated with a pre-harvest desiccant, starting January 2021. Growers say some farmers may stop growing oats or reduce their acreage.
Buyer restrictions on desiccant use could shrink Canadian oat acreage from 2021, tightening supply. That supports oat prices if the acreage decline materializes.
producer.comRobert ArnasonJul 16, 2020After 40 past bullish trade events, Oats moved a median -0.6% over 5 sessions (40% higher; middle half -2.8% to +1.7%), and -3.2% 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.
