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Hay oat seed prices have risen sharply, with current quotes around $1000 a tonne for uncertified seed. Demand has surged, mainly from South Australia, while production this year is markedly lower.
Seed companies warn that remaining stock is limited.
Seed scarcity may push farmers to substitute milling oat varieties for hay oats, which could firm milling oat prices. The effect is mainly regional and limited to oats in Australia.
farmonline.com.auGregor HeardNov 14, 2018Not 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.
