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Century Financial notes that USDA estimates point to lower US oat yields and production for 2019/20, with oat ending stocks at 37 million bushels. It recommends a trade in which oats outperform corn, arguing the oat/corn ratio, now at 0.83, will move higher from its current level.
A rising oat/corn ratio suggests oats may firm relative to corn as supplies tighten, which matters for buyers choosing between oats and corn in rations. The piece is a trading-strategy view rather than a new supply event.
century.aeAug 3, 2020Not enough comparable past events yet for a historical read.
Not 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.
