Oats futures on the rise — LC Marketing

Oat futures have risen sharply, with prices up about 87% year to date as of December 22, 2021, the largest gain among major commodities that year. Drought in the western US has cut the 2021 harvest by roughly 40% from the prior year.

Demand is also rising as emerging-market consumers eat more meat, and oats are widely used as livestock feed.