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Oat futures have risen sharply, with prices up about 87% year to date as of December 22, 2021, the largest gain among major commodities that year. Drought in the western US has cut the 2021 harvest by roughly 40% from the prior year.
Demand is also rising as emerging-market consumers eat more meat, and oats are widely used as livestock feed.
A 40% smaller US oat crop against steady demand tightens supplies for feed buyers and supports higher oat prices. Buyers relying on oats for feed should expect continued cost pressure.
lcmarket.comNicolas CastroJan 3, 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.
