# Drozd: Oat futures rally to a one-year high - Manitoba Co-operator

> CBOT December 2016 oat futures rallied about $0.69 per bushel between September and October 2016, rising from $1.71 to $2.40, a one-year high. The column attributes the move to technical chart signals, specifically a harami pattern in late September.

- Date: 2016-12-02 · published 2016-12-02T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/73526-drozd-oat-futures-rally-to-a-one-year-high-manitoba-co-operator
- Commodities: [Oats](https://feedsoft.ai/c/OATS.md)

## Why it matters

Oat futures hitting a one-year high raises feed oat costs for buyers, though the column is technical analysis rather than a new fundamental supply shock.

## Read by commodity

- OATS: bullish ▲

## Sources

- manitobacooperator.ca: https://www.manitobacooperator.ca/markets/drozd-oat-futures-rally-to-a-one-year-high/

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