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Emerson Milling, a small oat processor near Emerson, Manitoba, reports that it now ships up to 10 railcars of oat groats per week to the US and Mexico. The company says about 95% of its products are exported.
Strong export demand for Manitoba oat groats, which are prized for high beta-glucan, supports regional oat prices. The effect on overall prices is modest because this is a single small processor.
cknewstoday.caAdam BellMay 11, 2017After 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.
