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New Zealand's only oat mill, Harraways, reports retail oat sales up 113 percent versus March last year during the Covid-19 lockdown. The mill is running around the clock to meet home-kitchen demand.
This is a consumer-driven spike in milling oat demand in a small market, with little effect on global feed oat prices.
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.