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Oatly reported that poor US oat production is hurting its margins, with gross margin falling to 16% from 28%. Oat prices are forecast to reach a record $4.20 per bushel after 2021 production declined from drought and transportation problems.
Tight North American oat supply and record-high prices raise input costs for oat processors and oat-based food makers, and can spill over into oat feed and forage demand.
foodprocessing.comMar 29, 2022After 68 past bullish weather events, Oats moved a median -0.8% over 5 sessions (47% higher; middle half -3.6% to +3.9%), and -0.3% 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.
