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 |