Oats prices held relatively steady this month, as oats are one of the few crops not directly affected by Trade War pressures.
In July, oats prices delivered to Saskatchewan elevators were sitting at an average of $2.48 CAD per bushel, a decrease of 2% month-over-month.
For our GrainCents readers, we’re watching a variety of factors that might affect oats prices: none are bearish, none are bullish, and 7 are noise.
(If you’re not familiar with what “noise” is, then we recommend you check out our GrainCents risk management process towards oats prices.)
This month, GrainCents investigated topics such as:
- Where oats prices are likely to head during the rest of 2018;
- The tight oats ending stocks reported in the July WASDE report;
- Spain’s bumper oats crop – and how it could affect global oats prices;
- Is this bullish factor the only hope left for 2018 grain prices?
With a trade war and tariffs creating volatile markets, it’s more important than ever to stay on top of the factors affecting oats prices. Capture market premiums with GrainCent’s sales recommendations and actionable cash grain marketing advice delivered directly to your inbox.
Especially worthwhile in your GrainCents subscription is the Oats Weekly Digest, which gets sent out every Sunday morning. In addition to recapping our cash grain sales position, this chart-fueled read provides an insightful recap of the previous week’s activity in oats markets. We also walk through, in detail, what we’re watching across the global market in the week(s) ahead that could influence oats prices.
Start making more sense of what’s affecting oats prices with a free three-week trial to GrainCents, our exclusive sales recommendation service that holds a 93% success rate on getting farmers the best price possible.