
An article on oats for feed notes that world oat production was 23.2 million tonnes in 2019/20 and 25.5 million in 2020/21, with a forecast fall of about 3 million tonnes to 22.7 million in 2021/22. Oats are valued in animal nutrition for starch, protein and fibre content.
Production is limited compared with wheat, corn and soybeans.
A projected 3 million tonne drop in world oat output supports firmer oat prices and may push feed formulators toward corn and barley substitutes.
After 52 past bullish report events, Oats moved a median -2.0% over 5 sessions (33% higher; middle half -3.4% to +2.4%), and +0.7% over 20.
Not 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.