
Iowa State economist Chad Hart attributes higher oat and coffee prices to severe weather over the past year. He notes that western US droughts that began in 2020 led farmers to plant less oats and harvest about 40% less in 2021.
The piece also discusses soybean oil demand for renewable diesel and the policy and energy-price factors that could drive a future biofuel boom.
Lower oat supplies from drought keep oat prices firm for feed buyers. The soybean oil biofuel outlook is a longer-term factor that depends on policy and crude prices.
Tras 68 eventos alcista de clima pasados, Avena se movió una mediana de -0,8 % en 5 sesiones (47% al alza; mitad central entre -3,6 % y +3,9 %), y -0,3 % en 20.
Variaciones de la referencia de cada materia prima desde el último cierre antes del evento. Las lecturas históricas agrupan eventos pasados del mismo tipo; describen lo ocurrido, no lo que ocurrirá. No es asesoramiento de inversión.