# There’s an oat shortage–not good for OTLY or GIS; not good for food inflation in general | Jubak Picks

> Drought has cut Canadian oat production by nearly half, and Canada is the world's largest oat exporter. U.S. oat production is set for its smallest harvest on record.

- Date: 2021-10-11 · published 2021-10-11T12:00:00.000Z
- Category: weather · region Canada · magnitude high
- Page: https://feedsoft.ai/events/44612-there-s-an-oat-shortage-not-good-for-otly-or-gis-not-good-for-food-inflation-in
- Commodities: [Oats](https://feedsoft.ai/c/OATS.md)

## Why it matters

A major loss from the largest exporter and a record-small U.S. crop tightens global oat supply, supporting oat prices and feed alternatives.

## Read by commodity

- OATS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| OATS | 2021-10-08 | [An Oat-Killing Drought Is Signaling Inflation for Breakfast Staples](https://feedsoft.ai/events/44611-an-oat-killing-drought-is-signaling-inflation-for-breakfast-staples.md) | +2.0% | +19.0% |
| 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% |
| OATS | 2021-10-12 | [Drought pinches oat crops — and food makers that rely on them](https://feedsoft.ai/events/44609-drought-pinches-oat-crops-and-food-makers-that-rely-on-them.md) | -1.6% | +7.5% |
| OATS | 2022-03-29 | [Poor Oat Crop Compounds Oatly’s Problems \| Food Processing](https://feedsoft.ai/events/42334-poor-oat-crop-compounds-oatly-s-problems-food-processing.md) | -3.4% | -8.2% |
| OATS | 2022-05-20 | [Meeting the demand for gluten-free oat products when supplies are scarce \| Snack Food & Wholesale Bakery](https://feedsoft.ai/events/41455-meeting-the-demand-for-gluten-free-oat-products-when-supplies-are-scarce-snack.md) | +9.2% | +5.9% |

## Sources

- jubakpicks.com: https://www.jubakpicks.com/theres-an-oat-shortage-not-good-for-otly-or-gis-not-good-for-food-inflation-in-general/

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