I've heard alot of guys this weekend talking about oats, that as soon as the market opens Monday am, if it's trading they would lock in new crop.
DO NOT LOCK IN NEW CROP OATS!!!
Oats is only being drug down by the beans. We know for a fact that no matter what happens with the fight in the US with Beans, Wheat, and Corn is that the US will not be planting more Oats. Plus the elevators can narrow their basis ALOT if they want Oats.
My 2 cents any other opinions??
DO NOT LOCK IN NEW CROP OATS!!!
Oats is only being drug down by the beans. We know for a fact that no matter what happens with the fight in the US with Beans, Wheat, and Corn is that the US will not be planting more Oats. Plus the elevators can narrow their basis ALOT if they want Oats.
My 2 cents any other opinions??