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A Danish analyst notes that oats are a leading indicator in Chicago grain markets, and that Chicago oats have risen about 50% from their September low, compared with roughly 25% for wheat. The analyst argues oat price moves reflect fundamentals rather than speculation, which makes them a signal for the wider grain complex.
A sustained oat rally that leads wheat suggests firmer grain prices ahead, which would raise feed costs for buyers.
landbrugsavisen.dkLandbrugsavisen.dkFeb 16, 2017Not enough comparable past events yet for a historical read.
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.
