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Randy Strychar of Ag Commodity Research said oat milk demand is expanding rapidly and is expected to grow 15% yearly through 2027. He told the North American Millers' Association that oats need reliable supply and should be treated as a specialty commodity rather than a feed grain.
Oats remain priced well below oilseeds and wheat.
Growing food-grade demand could draw oats away from the feed market and support oat prices, though current pricing still trades at a discount to feed alternatives.
bakingbusiness.comJay SjervenApr 22, 2021Not 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.
