# First 2021 Oat Rating Low

> The USDA's first 2021 national oats condition report rated the crop at 664, well below the year-ago 750 and the 1996-2020 average of 724. Oats futures traded above $4.00 per bushel, a level not seen since May 2014. Dry and drought conditions cover the Upper Midwest, Northern Plains and Texas, the main oat-growing areas.

- Date: 2021-05-12 · published 2021-05-12T12:00:00.000Z
- Category: weather · region US · magnitude medium
- Page: https://feedsoft.ai/events/7461-first-2021-oat-rating-low
- Commodities: [Oats](https://feedsoft.ai/c/OATS.md)

## Why it matters

A poor early crop rating in key oat regions tightens expected supply and supports oat and feed grain prices. The early rating has a weak historical link to final yields, so the price signal may fade if conditions improve.

## Read by commodity

- OATS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| OATS | 2025-05-14 | [A Look at US Oat Crop Ratings](https://feedsoft.ai/events/6680-a-look-at-us-oat-crop-ratings.md) | -5.5% | -0.3% |
| OATS | 2022-05-26 | [Slowest Oat Planting Progress Ever](https://feedsoft.ai/events/41454-slowest-oat-planting-progress-ever.md) | -4.0% | -12.3% |
| OATS | 2022-01-03 | [Oats futures on the rise — LC Marketing](https://feedsoft.ai/events/43203-oats-futures-on-the-rise-lc-marketing.md) | -2.2% | +1.8% |
| OATS | 2021-11-01 | [Tiny North American Oat Crop Could Be Coming for Your Breakfast](https://feedsoft.ai/events/44606-tiny-north-american-oat-crop-could-be-coming-for-your-breakfast.md) | +2.6% | +2.3% |
| OATS | 2016-10-28 | [Futures File: Could corn follow oats' increase?](https://feedsoft.ai/events/9237-futures-file-could-corn-follow-oats-increase.md) | -4.3% | -12.8% |

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/news/article/2021/05/12/first-2021-oat-rating-low

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