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Minnesota farmers, organized as an informal group called the 'oat mafia,' have grown food-grade oats on about 6,000 acres across southern Minnesota. Oats require less nitrogen than corn and are being grown for milling and food uses, following earlier contracts with Oatly.
Growing food-grade oat acreage in the Upper Midwest adds to milling supply and could firm premiums for milling oats, while feed oat supply is less directly affected.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.