# The plant milk craze is leading to a glut of oats - Los Angeles Times

> Oat planting is expected to expand sharply, with Canadian acreage projected to rise 9% to the largest since 2009, according to a February government report. Industry analysts warn that the planting boost will outpace export and milling demand, and that prices could fall once seeding begins in spring.

- Date: 2020-02-28 · published 2020-02-28T12:00:00.000Z
- Category: report · region Canada · magnitude medium
- Page: https://feedsoft.ai/events/12537-the-plant-milk-craze-is-leading-to-a-glut-of-oats-los-angeles-times
- Commodities: [Oats](https://feedsoft.ai/c/OATS.md)

## Why it matters

Expected acreage growth points to a looming oat supply surplus, which is bearish for prices and could lower feed oat costs later in 2020.

## Read by commodity

- OATS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| OATS | 2020-03-02 | ['Plant-Milk Craze Has Created an Oat Bubble That's About to Burst' \| Vegan-Carne Alliance](https://feedsoft.ai/events/54178-plant-milk-craze-has-created-an-oat-bubble-that-s-about-to-burst-vegan-carne.md) | -2.6% | -1.2% |
| OATS | 2017-03-13 | [Canada to plant as much as 13% more oats \| Bakingbusiness.com \| March 13, 2017 19:40 \| Baking Business](https://feedsoft.ai/events/8398-canada-to-plant-as-much-as-13-more-oats-bakingbusiness-com-march-13-2017-19-40.md) | -7.3% | -19.7% |
| OATS | 2026-01-19 | [Big oat crop in 2025/26 pointing to less acres next year - Grainews](https://feedsoft.ai/events/21127-big-oat-crop-in-2025-26-pointing-to-less-acres-next-year-grainews.md) | -0.9% | +3.4% |
| OATS | 2017-03-14 | [Canada to plant as much as 13% more oats \| World-grain.com \| March 14, 2017 12:35 \| World Grain](https://feedsoft.ai/events/8399-canada-to-plant-as-much-as-13-more-oats-world-grain-com-march-14-2017-12-35.md) | -7.0% | -19.7% |
| OATS | 2023-02-16 | [Saskatchewan Milling Oats Retrace to Harvest Lows](https://feedsoft.ai/events/37395-saskatchewan-milling-oats-retrace-to-harvest-lows.md) | +4.0% | -2.9% |

## Sources

- latimes.com: https://www.latimes.com/business/story/2020-02-28/oat-bubble

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.