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Richardson International, Canada's largest agribusiness, will not buy oats desiccated with glyphosate or other chemicals, a policy it announced in June 2020 and applied from January 2021. An opinion piece from the University of Saskatchewan argues the ban will cut oat supply, lower quality and raise transport and production costs for growers.
Fewer eligible oats reduce the Canadian milling and feed supply, which tends to firm oat prices and narrow the choice of qualifying supply for buyers.
saifood.caGuestMay 11, 2021After 49 past policy events, Oats moved a median -1.1% over 5 sessions (39% higher; middle half -3.3% to +2.7%), and -2.0% 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.
