{"id":136318,"date":"2018-10-30T10:46:33","date_gmt":"2018-10-30T14:46:33","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=136318"},"modified":"2018-10-30T06:47:51","modified_gmt":"2018-10-30T10:47:51","slug":"oats-analysis-cereal-crop-harvesting-in-the-us-ends","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2018\/10\/oats-analysis-cereal-crop-harvesting-in-the-us-ends\/","title":{"rendered":"OATS Analysis – Cereal crop harvesting in the US ends"},"content":{"rendered":"
October 30, 2018<\/div>
\r\n<\/div><\/div>

By IFCMarkets<\/a><\/strong><\/p>\n

Cereal crop harvesting in the US ends<\/strong><\/p>\n

Cereal crop harvesting in the US ends. Will oat prices<\/a> fall?<\/p><\/blockquote>\n

The US Department of Agriculture reported that by October 28, 64% of corn and 70% of soybean had been harvested. On average, the harvest is good. At the same time, the demand for oats may slightly decrease amid an excess of soybean. China has increased the import duties on US soybeans and practically stopped its purchases. Soybeans and oats are used in the production of combined feed for livestock and poultry.<\/p>\n

\"OATS\"<\/p>\n

On the daily timeframe, OATS: D1<\/b> D1 is correcting down from a 15-month high. Good weather in the USA and a decline in demand can contribute to the further price decrease.<\/p>\n