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Statistics Canada's September stocks report put 2022-23 oat ending stocks at 1.275 million tonnes, well above the prior year and the five-year average. Analysts expect the upcoming production report to raise the 2023-24 oat estimate, though it will remain well short of last year.
Cash bids in Manitoba and Alberta have fallen over the past month.
Large old-crop carryout offsets the smaller new crop, keeping Canadian oat supplies comfortable and pressuring feed oat prices. Buyers have less reason to pay premiums while stocks stay heavy.
grainews.caGFM Network News12 Sep 2023Setelah 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.
