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Mexico's largest oat manufacturer, Grupo Vida, called on Canadian producers to adopt new varieties and expand oat acreage to meet global demand, which it says grows about 4.4% a year. It also urged organic production without glyphosate to match consumer trends.
A major buyer signalling sustained demand growth supports Canadian oat prices, but the call is a request rather than a new purchase.
farmtario.comFeb 14, 2020After 40 past bullish trade events, Oats moved a median -0.6% over 5 sessions (40% higher; middle half -2.8% to +1.7%), and -3.2% 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.
