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.
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.
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.