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Irish miller Flahavan's says organic oats now make up about 45% of its milling volume, up from about 20%, and it is recruiting more organic growers. The company took in close to 9,000t of Irish organic oats annually by 2020 and 2021.
The comments were made at BioFarm 2024.
Strong organic oat demand and a push for more growers point to tighter organic oat supply in Europe. This supports firmer oat prices for buyers relying on organic oats.
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.