# Charts point toward pullback for oats - Grainews

> 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.

- Date: 2019-01-17 · published 2019-01-17T12:00:00.000Z
- Category: market · region Canada · magnitude low
- Page: https://feedsoft.ai/events/61142-charts-point-toward-pullback-for-oats-grainews
- Commodities: [Oats](https://feedsoft.ai/c/OATS.md)

## Why it matters

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.

## Read by commodity

- OATS: bearish ▼

## Sources

- grainews.ca: https://www.grainews.ca/daily/charts-point-toward-pullback-for-oats/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.