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UK oat stocks are expected to fall 11% year-on-year to 98,000 tonnes, partly due to a smaller crop. The UK is a net oat exporter for a second season, with exports forecast at 60,000 tonnes against 35,000 tonnes of imports.
Spanish demand has been strong, with 29,000 tonnes shipped so far, the largest volume since 2008/09.
Tighter UK supplies and firm export demand support oat prices. Larger winter oat plantings in Scotland could cap that support at the next harvest.
thescottishfarmer.co.ukAuthor UnknownMay 18, 2016After 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.
