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Oat milk U.S. retail sales reached about $695 million, and industry experts say the drink has added 10% to 15% to oat demand. U.S. oat production is under 900,000 metric tons, so the country imports most of its oats from Canada.
Growing food-grade demand pulls oats toward milling and away from feed use, which tightens feed oat supply over time.
ambrook.comShefali KapadiaJun 7, 2024Not 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.
