Loading…
An overview of oat history and demand notes that U.S. domestic food consumption of oats has surpassed animal feed use in the last decade. The U.S. is projected to produce 837,000 metric tons in 2022/23, up from 578,000 the prior year.
Shifting demand toward human food uses supports oat prices independent of feed markets, though the larger U.S. crop adds some supply.
institutionalinvestor.comStephen TaubFeb 27, 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.
