# Futures File: Could corn follow oats' increase?

> Oat futures jumped more than 10 percent in three days after cold, wet weather in Saskatchewan halted Canada's harvest, with about a quarter of the crop still in the field and quality concerns raised. Oats reached a three-month high of $2.40 on Friday. Traders are watching the old adage that corn follows oats, and oil prices fell as OPEC's production-cut deal showed signs of breaking down.

- Date: 2016-10-28 · published 2016-10-28T12:00:00.000Z
- Category: weather · region Canada · magnitude medium
- Page: https://feedsoft.ai/events/9237-futures-file-could-corn-follow-oats-increase
- Commodities: [Oats](https://feedsoft.ai/c/OATS.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Canada is the world's largest oat exporter, so delayed harvest and quality problems tighten supply and support oat prices. Feed buyers may see some spillover into corn if the adage holds.

## Read by commodity

- CORN: bullish ▲
- OATS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 2021-07-12 | [Futures Files - Minot Daily News](https://feedsoft.ai/events/7779-futures-files-minot-daily-news.md) | +10.0% | +17.9% |
| OATS | 2018-08-07 | [US-China Trade War Or European Drought? Oats Futures Rally Anyhow \| Investing.com Canada](https://feedsoft.ai/events/63577-us-china-trade-war-or-european-drought-oats-futures-rally-anyhow-investing-com.md) | -1.3% | -10.5% |
| OATS | 2024-12-18 | [Canadian Oats Supply, Canadian Farmers See Leaner Times \| Paradigm Futures](https://feedsoft.ai/events/7782-canadian-oats-supply-canadian-farmers-see-leaner-times-paradigm-futures.md) | -8.7% | -3.9% |
| OATS | 2017-07-06 | [Oats buyers filled for now, watching weather - Country Guide](https://feedsoft.ai/events/70014-oats-buyers-filled-for-now-watching-weather-country-guide.md) | +7.3% | +3.5% |
| CORN | 2017-06-09 | [DDG Prices Driven Higher by Rise in Corn Futures](https://feedsoft.ai/events/70594-ddg-prices-driven-higher-by-rise-in-corn-futures.md) | -1.0% | +0.3% |
| CORN | 2019-08-09 | [Yield Loss Concern Increases as Moisture Decreases](https://feedsoft.ai/events/57434-yield-loss-concern-increases-as-moisture-decreases.md) | -7.7% | -8.0% |
| CORN | 2026-08-27 | [Following Corn Breakout, What Comes Next?](https://feedsoft.ai/events/12345-following-corn-breakout-what-comes-next.md) | +0.5% | +2.4% |

## Sources

- desmoinesregister.com: https://www.desmoinesregister.com/story/money/business/2016/10/28/futures-file-could-corn-follow-oats-increase/92896336/

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