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Ingredients Network reports oats are gaining popularity in plant-based foods, with awards for oat-based products. The article notes severe dry weather and droughts have reduced global oat production and increased import demand.
Strong food demand plus lower global production supports oat import demand and prices, which feeds into feed oat costs.
ingredientsnetwork.comKatja KnoxFeb 10, 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.
