Loading…
Tight supply and strong demand are pushing up cover crop seed prices in the Upper Midwest. Millet is short in southern Minnesota, and oat seed is scarce, forcing sourcing from Canada as Dakota bins run low.
Legally labeled oat seed costs about $10-12/bu, and one seller raised prices about $1.25/bu.
Tight oat supplies in the northern US are visible in seed markets, but the effect on feed oat prices is limited since the volumes are small.
rrfn.comCarah HartJun 27, 2019Not 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.
