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Seeding delays in Western Canada could shift more acres into oats, which need a short season and minimal inputs. Statistics Canada's first 2017 survey forecast seeded oats area at 3.4 million acres, up 20 per cent, and some merchants expect actual area to rise further if weather stays wet.
Oats futures at the Chicago Board of Trade had fallen back from nearby highs.
Extra oat acreage would add supply and pressure prices, but if fields go unseeded the shortfall could trigger a rally. The outcome depends on weather over the coming weeks.
farmtario.comPhil Franz-Warkentin17 Mei 2017
country-guide.caPhil Franz-Warkentin17 Mei 2017
grainews.caGFM Network News17 Mei 2017Setelah 16 peristiwa cuaca netral sebelumnya, Oat bergerak median +0,8% selama 5 sesi (50% lebih tinggi; separuh tengah -5,9% sampai +3,3%), dan +0,0% 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.
