Loading…
A University of Minnesota small grains specialist says more oat acres are expected in 2020 as some farmers switch from corn and soybeans. Contracts are described as halfway decent, and cash flow pressures are cited as a reason for the switch.
Shifting acres toward oats would add to small grain supply while corn and soybean area shrinks, a modest bearish signal for oats and a slight bullish one for corn and soybeans if acreage tightens.
brownfieldagnews.comMark DorenkampApr 27, 2020Not 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.
