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Emerson Milling near Emerson, Manitoba, is expanding, with its president citing growing global demand for oats. The company ships up to 10 railcars of oat groats weekly to the US and Mexico, and about 95% of its products are exported.
Growing export demand for Manitoba oats supports prices for Canadian oat supplies. The scale is small, so the effect on the wider oat market is limited.
discoverwestman.comMay 8, 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.
