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Milne Feeds publishes a feature on oat market volatility, describing oats as a dual-use crop for grain or hay with strong grade-based pricing. It notes global oat production near 25 million tonnes with only about 2.5 million tonnes traded, over half of it Canadian exports mainly to the US.
Thin tradeable supply relative to production makes oat prices prone to volatility, which matters for feed buyers sourcing oats as a substitute grain.
milne.com.auNov 29, 2022Not 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.
