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October 16, 2021

Oat Shortages Coming

According to this WSJ article, oat futures are double what they were last year. The main causes are (1) a 13% reduction in the acreage planted this year and (2) dry weather.

“Supplies will be tight,” said Jack Scoville, a grains analyst with Chicago trading firm Price Futures Group in a note. “There will not be much in the way of high quality oats for consumers to buy in the coming year.”

Filed under Food and Drink | permalink | October 16, 2021 at 09:31 AM


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