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Midwest farmers in Iowa and Minnesota are running field trials to grow food-grade oats, which are traditionally sourced from Canada. Quaker Oats could save freight and avoid threatened tariffs on Canadian goods by buying domestic oats, but big agribusiness has not backed the effort.
Potential domestic substitution for Canadian oats could shift milling demand over time, but the effect on near-term prices is limited while the trials remain small.
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.