
Statistics Canada estimates oat plantings rose 2.6% to 2.98 million acres this year. The Western Producer's analyst forecasts average yields of 94.8 bushels per acre, which would put production up 6.8% to 3.32 million tonnes.
A processor says industry sources think the acreage increase is closer to 7-10%.
A larger Canadian crop eases supply for buyers, though strong demand from oat milk and export markets is keeping prices historically high.
Setelah 72 peristiwa laporan bearish sebelumnya, Oat bergerak median +0,2% selama 5 sesi (50% lebih tinggi; separuh tengah -3,7% sampai +3,8%), dan -2,5% selama 20 sesi.
Pergerakan benchmark setiap komoditas dari penutupan terakhir sebelum peristiwa. Pembacaan historis menggabungkan peristiwa serupa di masa lalu; itu menggambarkan apa yang terjadi, bukan apa yang akan terjadi. Bukan nasihat investasi.