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The Minnesota Crop Improvement Association reports on a new southeast Minnesota farmer group pooling food-grade oat supplies. The group aggregated 1,000 acres last year and wants to double that in 2023.
Grain Millers, which has a plant in Iowa that mostly buys Canadian oats, is seeking more local supply.
Growing local food-grade supply could reduce reliance on imported Canadian oats for Midwest millers, a modest shift in trade flows that has limited effect on overall price levels.
mncia.orgalanJan 20, 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.
