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The Prairie Oat Growers Association reports Canadian oat exports to Mexico and Japan are rising and on pace for record levels. Exports to Mexico reached 220,000 tonnes through last November, and Canadian oats held about 90% of the Mexican oat market in 2019.
Strong export demand for Canadian oats supports Prairie oat prices and tightens exportable supply for feed buyers.
producer.comBrian CrossApr 22, 2021After 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.
