Oats Extend Decline Amid Weak Demand and Thin Trading
Oats futures continued their downward trend on Monday, dragged by thin volumes, soft demand, and bearish technical momentum. Despite minimal fundamental news, prices declined sharply across key contracts.
📈 Price Overview – as of May 27, 2025 (converted to EUR)
| Contract | Price (US ct/bu) | Daily Change | Approx. EUR/t |
|---|---|---|---|
| Jul ’25 | 353.25 | ▼ −1.50 ct | ~€123.25 |
| Sep ’25 | 346.50 | ▼ −1.75 ct | ~€120.85 |
| Dec ’25 | 348.00 | ▼ −0.50 ct | ~€121.45 |
💱 Exchange rate basis: ~1 USD = 0.92 EUR
📉 Market Drivers
- 📉 Low liquidity: Minimal trading volumes contributed to price volatility.
- 📦 Weak commercial demand: End-user buying remains limited.
- 🔄 Technical selling: Bearish chart patterns and lack of support led to continued declines.
- 🚫 No major news: Unlike corn or wheat, oats lack fundamental market catalysts.
💬 Market Commentary
Oats continue to move under the radar, with low interest from funds and commercial buyers. Despite solid North American growing conditions, lacklustre demand and absence of bullish triggers keep futures under pressure. The July contract is now trading near a two-week low.
🔮 3-Day Price Forecast
| Market | Trend | Outlook |
|---|---|---|
| CBOT | 🔻 Bearish | Weak momentum is likely to continue |
