# Drought pinches oat crops — and food makers that rely on them

> Drought and heat waves across North America's midsection this summer reduced the oat harvest. The shortfall raises the prospect of higher prices for oat-based food makers.

- Date: 2021-10-12 · published 2021-10-12T12:00:00.000Z
- Category: weather · region North America · magnitude medium
- Page: https://feedsoft.ai/events/44609-drought-pinches-oat-crops-and-food-makers-that-rely-on-them
- Commodities: [Oats](https://feedsoft.ai/c/OATS.md)

## Why it matters

Lower oat output supports oat prices, and the drought-driven supply loss tightens feed and food grain availability.

## Read by commodity

- OATS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| OATS | 2016-11-25 | [Oat prices surge as Canadian output drops following delayed harvest - The Globe and Mail](https://feedsoft.ai/events/73900-oat-prices-surge-as-canadian-output-drops-following-delayed-harvest-the-globe.md) | -7.6% | +0.6% |
| OATS | 2021-11-04 | [As demand for oat milk increases, oat supplies wanes due to drought, demand \| Dairy Processing](https://feedsoft.ai/events/44115-as-demand-for-oat-milk-increases-oat-supplies-wanes-due-to-drought-demand-dairy.md) | -0.9% | -0.8% |
| OATS | 2021-11-04 | [US oat prices soar as supply dips due to drought, demand \| World Grain](https://feedsoft.ai/events/44107-us-oat-prices-soar-as-supply-dips-due-to-drought-demand-world-grain.md) | -0.9% | -0.8% |
| OATS | 2021-08-01 | [Oat supplies to tighten as Man. crop suffers](https://feedsoft.ai/events/46113-oat-supplies-to-tighten-as-man-crop-suffers.md) | +4.6% | +15.9% |
| OATS | 2021-10-25 | [Cereal and Oat Milk Makers Feel the Crunch From Oats Shortage - Gro Intelligence \| Borostos](https://feedsoft.ai/events/44608-cereal-and-oat-milk-makers-feel-the-crunch-from-oats-shortage-gro-intelligence.md) | +9.4% | +14.6% |

## Sources

- stocks.observer-reporter.com: http://stocks.observer-reporter.com/observerreporter/news/read/41893152/drought_pinches_oat_crops_%E2%80%94_and_food_makers_that_rely_on_them

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.
