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A worsening drought is gripping the northern US Great Plains, which supplies much of the nation's barley, sunflowers and oats. Parched conditions are hitting smaller grain and oilseed crops alongside wheat.
Drought losses in key barley and oat producing areas tighten feed grain supplies and support prices for those crops.
businesstimes.com.sgJul 2, 2017Not enough comparable past events yet for a historical read.
After 68 past bullish weather events, Oats moved a median -0.8% over 5 sessions (47% higher; middle half -3.6% to +3.9%), and -0.3% 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.
