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Russian millet and oat production rose in 2016/17 even as planted area fell. Millet prices declined on weak demand and overstocks, while oat prices rose.
Higher Russian oat prices tighten a feed grain supply that buyers rely on, though the effect on world prices is modest given the size of the market.
apk-inform.comJun 24, 2017Not 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.
