World Perspectives
feed-grains

Year for Oats

Oats are mostly a North American crop. Canada produces 72 percent of the world’s oats, and the U.S. imports 67 percent of globally traded oats. Mexico is the third largest importer after China. The latest forecast pegged the Canadian crop as the second largest on record, with a resulting increase in carryover stocks. Thus, the December futures contract for oats fell 3.8 percent this week and is expected to fall further. Still, Canadian oat prices are expected to be more profitable this year than the return on barley.  While part of the crop is used for specialized animal feed, oats are viewed as beneficial to cholesterol reduction in North America and are thus popular as food. The fact that much of the rest of the world ignores...

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From WPI Consulting

Illuminating the value of technical research

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