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A sponsored Western Producer piece reports that Canadian oat exports are growing, with the US taking about 60 percent of the crop and China's breakfast cereal market expanding. A Prairie Oat Growers Association report and planned milling capacity increases are cited.
Growing export demand from the US and potentially China supports Canadian oat values, though the effect on feed-grade prices is limited.
producer.comJan 30, 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.
