Oats is down to $345.5 per bushel, after ending yesterday at $347.5. Overall, a 0.58% loss or $2 today.
United States Building Permits (Feb) is next today at 12:30 UTC.
In the meantime, negative performances are also seen in other Grains as after ending yesterday's session at $17.27, Rough Rice lost 4.5 cents and is trading around $17.23.
Though the Oats future has been dropping, other Grains have been performing better: having closed the previous session at $1,489.25, Soybeans is up 0.47% today to currently trade at around $1,496.25.
Some optimism can drawn from the fact that United States Initial Jobless Claims is projected to outperform its last figure with 205,000. It previously stood at 211,000; data will be released today at 12:30 UTC.
Furthermore, United States Philadelphia Fed Manufacturing Index (Mar) will be released today at 12:30 UTC. United States Building Permits (Feb) is scheduled for today at 12:30 UTC.
The commodity has been trending lower for about a month. 10 days ago, CME Oats fell to a low of $326 but has since recovered 6.6%.