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Oat demand has surged globally while drought in North America led to record low 2021-22 ending oat stocks in Canada and the US. Randy Strychar of Oatinformation said at a Sosland seminar that he expects oat prices to keep rising and not return to historical averages.
Tight oat supplies against growing milling and beverage demand, plus rising wheat and grain values, point to firmer oat prices and continued volatility for feed and milling buyers.
world-grain.comCrystal FutrellJun 16, 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.
