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Purely Canada Foods is invoking force majeure to terminate gluten-free oat contracts, blaming equipment failure at its processor. Prairie Oat Growers Association representatives criticized the move, and the company says it is working to honour the agreements.
Contract disputes and processing uncertainty add to an already heavy oat supply, reinforcing weak oat prices for Canadian growers.
producer.comsaskatoonnewsroomMay 1, 2023Not 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.
