# US-China Trade War Or European Drought? Oats Futures Rally Anyhow | Investing.com Canada

> Chicago oats futures rallied roughly 12% in the first week of August, reaching about $2.67 per bushel, near five-month highs. Analysts cited drought hurting European oat quality and volume and speculation that China could buy Canadian oats to avoid US feed grain tariffs.

- Date: 2018-08-07 · published 2018-08-07T12:00:00.000Z
- Category: weather · region Europe · magnitude low
- Page: https://feedsoft.ai/events/63577-us-china-trade-war-or-european-drought-oats-futures-rally-anyhow-investing-com
- Commodities: [Oats](https://feedsoft.ai/c/OATS.md), [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

Drought-reduced European oat supply and possible Chinese demand for Canadian oats support oat and feed grain prices. The rally is driven by supply concerns rather than a single new event.

## Read by commodity

- OATS: bullish ▲
- BARLEY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| OATS | 2016-07-13 | [Chicago oats rally with Prairie rains, for now - AgCanada](https://feedsoft.ai/events/7496-chicago-oats-rally-with-prairie-rains-for-now-agcanada.md) | -13.6% | -25.9% |
| OATS | 2026-09-25 | [Oat futures climb nearly $1 as Canadian production drops 20%](https://feedsoft.ai/events/17516-oat-futures-climb-nearly-1-as-canadian-production-drops-20.md) | -2.8% | -10.9% |
| OATS | 2024-12-18 | [Canadian Oats Supply, Canadian Farmers See Leaner Times \| Paradigm Futures](https://feedsoft.ai/events/7782-canadian-oats-supply-canadian-farmers-see-leaner-times-paradigm-futures.md) | -8.7% | -3.9% |
| OATS | 2022-01-03 | [Oats futures on the rise — LC Marketing](https://feedsoft.ai/events/43203-oats-futures-on-the-rise-lc-marketing.md) | -2.2% | +1.8% |
| OATS | 2016-10-28 | [Futures File: Could corn follow oats' increase?](https://feedsoft.ai/events/9237-futures-file-could-corn-follow-oats-increase.md) | -4.3% | -12.8% |

## Sources

- ca.investing.com: https://ca.investing.com/analysis/uschina-trade-war-or-european-drought-oats-futures-rally-anyhow-200197390

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