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The USDA released its first national oats condition report for 2024, with an initial crop rating of 712. That is below the 1996-2024 average of 719 but the highest initial rating in four years and well above last year's 688.
Cold, wet springs and drought in the Upper Midwest and Northern Plains, plus dry conditions in Texas, shaped the crop outlook.
A stronger early condition rating points to a larger expected oat crop, which adds supply and tends to weigh on oat prices. Weather in the Upper Midwest and Northern Plains will still determine whether that rating holds.
dtnpf.comJoel Karlin2024/05/16過去の弱気なレポートイベント72件の後、オーツ麦 は5営業日で中央値 +0.2% 動き（50% が上昇。中央50%は -3.7% から +3.8%）、20営業日では -2.5% 動きました。
イベント直前の終値からの各商品ベンチマークの動き。過去の傾向は同種の過去イベントをまとめたものであり、起きたことを示すもので、今後を示すものではありません。投資助言ではありません。
The USDA's first oat condition report on May 16 showed the best initial rating in four years, which eases new-crop supply concerns and could trigger selling after oats had rallied to five-month highs.
