Benchmark contracts
| Benchmark | Type | Contract spec | Unit | Range | As of | Deliverable grade |
|---|---|---|---|---|---|---|
| Winnipeg, Canada | physical_fob | — | USD/MT | 210–245 | Jan 2025 | — |
| Port of Melbourne | physical_fob | — | USD/MT | 225–260 | Jan 2025 | — |
| Chicago Board of TradeHeadline | futures | — | USD/MT | 195–235 | Jan 2025 | — |
Premium structure
Differentials between benchmarks reveal where physical oats trades relative to the futures reference and how regional grades price against the global standard.
| Benchmark | Differential | Notes |
|---|---|---|
| Winnipeg, Canada | — | |
| Port of Melbourne | — | |
| Chicago Board of Trade | — |
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