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A South Dakota farmer, Taylor Sumption, and his brothers started Anthem Oats, packaging and selling oatmeal from oats grown near Aberdeen. They say selling commodity crops left farmers with little benefit.
Oats are currently trading around $7 per bushel.
This is a feature on a small value-added venture rather than a market-moving event; the high oat price noted is background for the oat market.
sdpb.orgJoshua HaiarJul 1, 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.
