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Irish oats are being used in a new plant-based Baileys launched in the US, providing another outlet for Irish oats. Tirlán has cut its gluten-free oat contracts for the coming season due to lower demand, though it still pays premiums of €55/t over feed oats and €15/t over food-grade oats.
A niche food outlet is positive for Irish oat premiums, but the announced cut in gluten-free contracts signals softer demand for premium food-grade oats.
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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.