June 2018 Oats Prices Recap

In the month of June, oats prices were strong, increasing by 7% month-over-month. Over the course of 2Q2018, we saw cash oats prices increase by about 20%, providing some nice premiums in a grain market that’s seeing all other grain prices decline.

Oats Prices Recap

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. Put another way, there is a whole heck of a lot of noise in the oats market right now that is hard to ignore, but isn’t really moving oats prices all that much. 

This month, America and China continues to gather a lot of headlines for the oats markets, notably demand into the two countries. For GrainCents readers, we delved deeper into topics such as:

 – Rising interests rates by the US Federal Reserve

 – the US imported more oats in 2017/18

 – Increasing oats production in Australia

 – StatsCan’s estimates for 2018/19 oats acres

 – The USDA’s estimates for 2018/19 oats acres and inventories

Heading into the second half of the year, buyers and sellers of grain need actionable insight to make sense of ongoing trade tensions, supply and demand factors, and market behavior. We’re going to see a few wild swings in oats prices as the summer months progress, and you owe it to yourself to stay on top of the markets.

That’s why we’re offering 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.

Sign up right here for your risk-free trial.

About the Author
Brennan Turner

Brennan Turner is the CEO of FarmLead.com, North America’s Grain Marketplace. He holds a degree in economics from Yale University and spent time on Wall Street in commodity trade and analysis before starting FarmLead. In 2017, Brennan was named to Fast Company’s List of Most Creative People in Business and, in 2018, a Henry Crown Fellow. He is originally from Foam Lake, Saskatchewan where his family started farming the land nearly 100 years ago (and still do to this day!). Brennan's unique grain markets analysis can be found in everything from small-town print newspapers to large media outlets such as Bloomberg and Reuters.

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