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Western Australia's Department of Primary Industries and Regional Development plans to expand oat cropping, backed by over AUD 10 million for the Processed Oat Partnership. The global oat industry is estimated at about USD 9 billion and is projected to reach USD 16 billion by 2032.
Expansion of Australian oat production is a long-term supply consideration, with little immediate effect on feed grain prices.
farmweekly.com.auShannon BeattieDec 13, 2022After 16 past neutral policy events, Oats moved a median -1.1% over 5 sessions (44% higher; middle half -3.1% to +4.3%), and -5.7% over 20.
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.
