Oat buyers’ storage gives cushion to prevent rally

Buyers don’t want to be caught short and be forced to pay higher prices so many have several months worth of supply in storage

Farmers keep hearing that quality oat supplies are getting tighter, but they never see a price rally as they expect. That’s unlikely to change, said oats trader Lorne Boundy of Paterson Grain, because buyers seldom worry about running out of oats these days. “A lot of the mills actually built up enough cushion (of supply) […] Read more