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Oat prices in Alberta rose 39 cents on May 23, 2017, with feed oats quoted at $2.40 to $3.62 per bushel, according to Prairie Ag Hotwire. US corn planting was reported ahead of expectations at 84 percent complete.
Higher Alberta oat quotes tighten the local feed grain supply for buyers, and the move reflects firm regional demand. Buyers should expect Canadian oat prices to stay supported while the planting and supply picture remains uncertain.
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.