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Oatly will expand sourcing after poor harvest conditions strained oat supply, per its CFO on a Q4 earnings call. The company is raising prices and has been pulling back on some manufacturing investments due to construction costs and supply delays.
The same drought and rail constraints tightening North American oat supply keep prices firm for buyers.
fooddive.comSarah ZimmermanApr 1, 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.
