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A CME Group sponsored piece outlines the history of oat futures and current demand drivers. It notes US oat production is expected at 837,000 tonnes for 2022-23, up from 578,000 tonnes the prior year.
Oat milk and food demand are cited as key growth drivers.
Growing food-grade demand in the US reduces the share of oats going to feed, tightening feed-oat availability over time. The piece is background and does not signal a new price move.
sponsor.marketwatch.comMarketWatch Custom ContentMar 15, 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.
