# Oat prices on a roll as supply shrinks | Stock Journal | SA

> Australian milling oat prices have reached their highest levels in many years amid strong domestic and export demand. ABARES expects under one million tonnes to be harvested in 2018-19, less than half the prior year, due to reduced area and lower yields in SA and Vic.

- Date: 2018-11-26 · published 2018-11-26T12:00:00.000Z
- Category: weather · region Australia · magnitude medium
- Page: https://feedsoft.ai/events/9510-oat-prices-on-a-roll-as-supply-shrinks-stock-journal-sa
- Commodities: [Oats](https://feedsoft.ai/c/OATS.md)

## Why it matters

A sharp supply contraction with firm demand from China and eastern mills supports oat prices, which are trading above wheat. Prices may ease with harvest pressure, but high levels are expected to persist.

## Read by commodity

- OATS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| OATS | 2022-04-01 | [Strained oat supply pushes Oatly to raise prices, expand sourcing](https://feedsoft.ai/events/42337-strained-oat-supply-pushes-oatly-to-raise-prices-expand-sourcing.md) | +5.5% | -7.1% |
| OATS | 2021-11-04 | [US oat prices soar as supply dips due to drought, demand \| World Grain](https://feedsoft.ai/events/44107-us-oat-prices-soar-as-supply-dips-due-to-drought-demand-world-grain.md) | -0.9% | -0.8% |
| OATS | 2022-03-24 | [Strained oat supply pushes Oatly to raise prices, expand sourcing \| Supply Chain Dive](https://feedsoft.ai/events/42335-strained-oat-supply-pushes-oatly-to-raise-prices-expand-sourcing-supply-chain.md) | +1.1% | -1.5% |
| OATS | 2021-09-23 | [CBOT oats climb on supply woes - AgCanada](https://feedsoft.ai/events/45122-cbot-oats-climb-on-supply-woes-agcanada.md) | +4.8% | +19.6% |
| OATS | 2021-08-01 | [Oat supplies to tighten as Man. crop suffers](https://feedsoft.ai/events/46113-oat-supplies-to-tighten-as-man-crop-suffers.md) | +4.6% | +15.9% |

## Sources

- stockjournal.com.au: https://www.stockjournal.com.au/story/5737861/oat-prices-on-a-roll-as-supply-shrinks/

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