# Oat Futures Stabilize

> May oats stabilized on Monday after eight consecutive lower daily closes. USDA reported March 1 stocks of 63.2 million bushels, down 15.7% from a year earlier but above the five-year average.

- Date: 2017-04-03 · published 2017-04-03T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/71563-oat-futures-stabilize
- Commodities: [Oats](https://feedsoft.ai/c/OATS.md)

## Why it matters

Stocks above the five-year average and a possibly higher-than-expected carryout keep the oat price capped, though speculative buying has recovered.

## Read by commodity

- OATS: neutral

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/AG/blogs/canada-markets/blog-post/2017/04/03/oat-futures-stabilize

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.