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Asian demand for Western Australian oat grain and hay is rising as middle classes in Southeast Asia, China and India seek healthier food. Australian oaten hay exports have roughly doubled over the past decade, driven by dairy and feedlot beef demand in East Asia.
New processing plants are expected to double local rolled oat capacity in the coming years.
Stronger export demand for oat grain and hay supports WA oat prices and tightens feed-grade supply for domestic buyers.
graincentral.comGrain CentralFeb 20, 2017After 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.
