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AHDB's annual supply and demand estimates put UK oat production for 2019-20 at 1.215m tonnes, 19% above a year earlier, following what analysts describe as the biggest crop since the 1970s. Early Bird planting intentions point to spring oat area rising to around 200,000ha in 2020, and end-of-season stocks could reach 240kt.
Heavy supply with limited export outlets means large volumes are likely to carry into next season, adding pressure to oat prices that have already fallen sharply from a year earlier.
fwi.co.ukIsabel DaviesDec 3, 2019After 72 past bearish report events, Oats moved a median +0.2% over 5 sessions (50% higher; middle half -3.7% to +3.8%), and -2.5% 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.
