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Glen Hallick reports that Winnipeg-based grain marketer Ed Baldwin advised clients to sell oats now, citing a chart reversal signal. Cash oat prices reached $4 per bushel in Manitoba and up to $3.50 in Saskatchewan and Alberta.
Analyst expectations of a pullback from current Canadian cash oat levels point to softer feed oat prices in the near term, though seasonal planting demand could firm prices later in winter.
grainews.caGFM Network NewsJan 17, 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.
