
Glacier MarketsFarm's Bruce Burnett says a large Canadian oat crop is expected to create a surplus of milling-quality oats. Oats are the exception among Western Canadian crops, since the acreage is large, the crop is performing well, and Canada dominates North American production and consumption.
Markets for oats are limited, with a finite food market, a stagnant horsefeed market and a residual feedgrains market.
A surplus in a market with limited outlets points to lower oat prices for the new crop. Feed buyers can expect softer oat values, while other large Canadian crops are not expected to move prices much.
Setelah 96 peristiwa cuaca sebelumnya, Oat bergerak median -0,2% selama 5 sesi (49% lebih tinggi; separuh tengah -3,5% sampai +4,3%), dan -0,3% 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.