
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.
Na 96 eerdere weer-gebeurtenissen bewoog Haver zich mediaan -0,2% over 5 sessies (49% hoger; middelste helft -3,5% tot +4,3%), en -0,3% over 20.
Bewegingen van de benchmark van elke grondstof sinds de laatste slotkoers vóór de gebeurtenis. Historische waarden bundelen eerdere gebeurtenissen van hetzelfde soort; ze beschrijven wat er gebeurde, niet wat zal gebeuren. Geen beleggingsadvies.