# Rayglen Market Comments - December 18, 2024 - Rayglen Commodities Inc.

> Oat markets were quiet and stable but softer after recent Statistics Canada reports showing a 27% production increase over last year. Good-quality milling oats were bid around $4.00/bu picked up, while lighter oats ranged from $2.30 to $3.00/bu. Flax held steady near $17.75 FOB with limited December buyer activity.

- Date: 2024-12-18 · published 2024-12-18T12:00:00.000Z
- Category: report · region Canada · magnitude low
- Page: https://feedsoft.ai/events/7783-rayglen-market-comments-december-18-2024-rayglen-commodities-inc
- Commodities: [Oats](https://feedsoft.ai/c/OATS.md)

## Why it matters

A larger reported oat crop adds supply to the market and pressures bids until first-quarter 2025 demand becomes clearer. Buyers can expect subdued oat prices in the near term.

## Read by commodity

- OATS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| OATS | 2023-01-18 | [All wheat stocks stored in Northwest Region up 18 percent from December 1, 2021 - Morning Ag Clips](https://feedsoft.ai/events/37874-all-wheat-stocks-stored-in-northwest-region-up-18-percent-from-december-1-2021.md) | +0.9% | -1.5% |
| OATS | 2020-03-02 | [Oat market running risk of excess supply in 2020 - RealAgriculture](https://feedsoft.ai/events/12538-oat-market-running-risk-of-excess-supply-in-2020-realagriculture.md) | -2.6% | -1.2% |
| OATS | 2025-10-30 | [Near record September major grain deliveries: Statistics Canada - Grainews](https://feedsoft.ai/events/22445-near-record-september-major-grain-deliveries-statistics-canada-grainews.md) | +4.0% | +5.0% |
| OATS | 2025-07-09 | [Search for oats is on for growing market -  Premium](https://feedsoft.ai/events/23822-search-for-oats-is-on-for-growing-market-premium.md) | -7.5% | -16.9% |
| OATS | 2018-03-26 | [AAFC Canadian oats forecast called into question \| World-grain.com \| March 26, 2018 20:06 \| World Grain](https://feedsoft.ai/events/66045-aafc-canadian-oats-forecast-called-into-question-world-grain-com-march-26-2018.md) | +2.4% | +0.2% |

## Sources

- rayglen.com: https://www.rayglen.com/rayglen-market-comments-december-18-2024/

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