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The Canadian oat market is trying to recover after whiplashing from a 2021 supply low to record highs and back, following a surge in 2022 production. The article recaps the pandemic-era demand boom from oat dairy alternatives and the drought that tightened supply.
Oat supply has rebounded from shortage, so prices are easing and feed oats are less constrained. Buyers should expect a gradual normalization rather than a fresh supply spike.
foodbusinessnews.netCrystal FutrellJan 1, 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.
