# December Oats End Below $3

> December oats posted a modest loss on July 21 but gained 6 1/4 cents for the week, its highest close yet and near contract highs. The $3 per bushel level remains a resistance hurdle, and noncommercial traders held a large net-long position.

- Date: 2017-07-21 · published 2017-07-21T12:00:00.000Z
- Category: market · region Canada · magnitude low
- Page: https://feedsoft.ai/events/70013-december-oats-end-below-3
- Commodities: [Oats](https://feedsoft.ai/c/OATS.md)

## Why it matters

Firm futures near $3 and a bullish December/March inverse signal tight nearby oat supplies, supporting feed oat cash prices.

## Read by commodity

- OATS: bullish ▲

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/blogs/canada-markets/blog-post/2017/07/21/december-oats-end-3

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