Oat futures track the price of feed and milling-grade oats, a grain used in animal feed, breakfast cereals, and increasingly in plant-based food products such as oat milk. Canada is the world's largest oat exporter, with the United States, Russia, and Finland also significant producers. Prices are influenced by planted acreage, crop weather in North America and Northern Europe, competition from other feed grains, and shifts in consumer food trends. The contract is quoted in U.S. cents per bushel on the CME Group's CBOT exchange.
السياق السوقي
Oats are trading at 439.75 USd per bushel, up about 1.4% today and gaining roughly 7.7% on the week. The commodity has surged approximately 18.8% over the past month and is up about 47.6% year-to-date, representing a gain of nearly 48.7% compared to one year ago.