Loading…
Western Australian oat growers are waiting for season-break rains before planting in earnest. GIWA estimates the state's oat area at 320,000 hectares, up from 260,300 ha in 2017.
Barley is attracting Chinese interest and may take area from oats.
A larger WA oat crop would add supply, but strong barley prices may limit oat area, leaving the net price effect small.
graincentral.comLiz WellsApr 27, 2018After 16 past neutral weather events, Oats moved a median +0.8% over 5 sessions (50% higher; middle half -5.9% to +3.3%), and +0.0% over 20.
Not 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.
