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July oats futures reached a nearly three-month high of $3.80 a bushel last Friday and have trended higher since early April. Analysts cite reduced global production, stronger world demand and supply chain concerns, with the Russia-Ukraine war also limiting supply.
Tighter global oat supply and firmer demand support higher oat prices, which may raise feed costs for buyers using oats in feed rations.
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.