Oats Futures Drift Lower – Technical Pressure Continues Across Contracts
➡ CBOT oats futures weakened on Thursday, continuing a multi-session decline. Thin volumes and a lack of fresh fundamental support weighed on prices, with July contracts testing new short-term lows.
📈 Price Overview (CBOT)
| Delivery |
Closing Price |
Change |
Currency |
| Jul ’25 |
356.75 ct/bu |
▼ −2.50 ct |
USD |
| Sep ’25 |
349.75 ct/bu |
▼ −1.50 ct |
USD |
| Dec ’25 |
347.00 ct/bu |
▼ −4.50 ct |
USD |
🔍 Key Market Factors
- 📉 No major demand catalyst – oats remain on the sidelines compared to corn and wheat
- 📊 Weak technical chart setup – contracts facing pressure from moving average resistance
- 🌱 Crop Progress Not Yet Critical:
- U.S. oat planting in northern states is on track
- The weather is not yet a major factor
- 💤 Low volume, low volatility – indicative of limited speculative interest
🌍 Oats Market Snapshot
| Indicator |
Value |
Comment |
| Jul ’25 CBOT Oats |
356.75 ct/bu |
▼ multi-session low |
| Open Interest |
2,076 (Jul ’25) |
Steady |
| U.S. Crop Status |
Normal |
No delays reported |
💡 Trading Recommendations
- 🔻 Avoid long positions near-term unless a clear technical reversal appears
- 🔍 Watch for signs of demand from Canada or domestic food processors
- 📈 Entry opportunity only if Jul ’25 closes above 360 ct with volume
🔮 3-Day Forecast (May 24–27)
| Market |
Trend |
Comment |
| CBOT Oats |
▼ Bearish |
No demand story, weak technicals |
