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Canada's 2020 oat crop exceeded 4.5 million tonnes, the largest in 10 years. Strong import demand from the United States, Mexico and Chile, plus smaller Australian crops, supported exports and prices.
Prices typically dip from February to April and recover in summer.
Tight global oat supplies and firm prices support oat feed costs, though high prices may let competitors from other origins take Canadian market share.
tridge.comRajjun SahotaJan 18, 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.
