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Canadian oat industry is pursuing Chinese demand, which analyst Randy Strychar says is growing as the middle class shifts diets toward breakfast cereals and snack bars. Oats for human consumption still cannot enter China because a phytosanitary protocol is not yet in place, though seed oats can.
Until the protocol is finalized, Chinese food-oat demand cannot be met by Canadian exports, so the potential boost to oat prices remains a future prospect rather than a current driver.
discoverairdrie.comFeb 21, 2018After 40 past bullish trade events, Oats moved a median -0.6% over 5 sessions (40% higher; middle half -2.8% to +1.7%), and -3.2% over 20.
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.
