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Oatinformation's Randy Strychar told the International Oats Conference in Western Australia that global oat demand is growing strongly, mainly for human consumption. Oat hectares are shrinking in the US, Canada and Australia as growers choose crops with better per-acre margins.
Falling oat plantings combined with rising food-grade demand could tighten supply and support oat prices, especially if pricing shifts from feed-grain benchmarks to premium food pricing.
graincentral.comEmma AlsopOct 17, 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.
