May 2018 Oats Prices Recap

Oats prices finished the month of May largely flat. Ongoing weather concerns across the United States and Canada have left traders in a wait-and-see pattern after the American Memorial Day weekend. Let’s take a look at oats prices at the Chicago Board of Trade and where they headed over the last 31 days.

  • May 2018: +0.2% or 0.5¢ to $2.255 USD / bushel
  • July 2018: +0.9% or 2¢ to $2.358 USD / bushel
  • Dec 2018: unchanged at $2.508 USD / bushel
  • Mar 2019: unchanged at $2.568 USD / bushel

 

During a relatively quiet month, we provided a wealth of reactions to day-to-day oats prices movement. This month, we turned our attention to:

 

Be sure to sign up for a free 3-week trial at GrainCents as this month could be the most impactful for how and when you price your oats for the rest of 2017/18 old crop supply, as well as a significant portion of your 2018/19 new crop production.

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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