Loading…
A stock market note describes Canada's oat harvest rebounding to 4.6 million tons last year from 2.6 million in 2021, with U.S. oat harvest expected at 0.8 million tons. It notes oat prices have fallen with improved 2022 yields and that more milling capacity is coming online for oat milk.
Larger harvests and lower prices support cheaper oat supplies for feed, while growing oat milk milling is a demand offset.
app.hedgeye.comDaniel Biolsi
@Hedgeye_StaplesFeb 24, 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.
