It is urgently time to reconsider the global pricing of oats

Published 2022년 10월 19일

Tridge summary

The article highlights the paradoxical decrease in Australian oat cultivation areas despite the global oat market's significant growth. This trend is attributed to the unprofitable pricing of oats, which is not reflective of its increasing human consumption and value in the food industry. Experts stress the need for a pricing overhaul to address this issue and to recognize oats' potential as a profitable crop for human food. The global oat market is on the rise, fueled by increasing consumer awareness of oats' benefits, growing demand for plant-based products, and expansion in oat processing capacity. Oat milk, in particular, is experiencing remarkable growth, with the Asia-Pacific region showing strong demand for oatmeal products.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The reduction of hectares under oats against the backdrop of the flourishing market for oat products looks paradoxical. Do you agree that oats should be valued not as fodder for livestock, but as food grain for humans? Australia hosted an international event dedicated to the oat market and processed products, both national speakers and experts from Sweden, Chile, China, the USA, Austria and Canada took part in the conference. Emma Alsop, a journalist for the Australian agricultural portal Grain Central, cites data from the report of Randy Strichar, president of Oatinformation, on the topic "Prospects for the global oat market." According to the speaker, the global market for oat products is experiencing unprecedented growth, but the number of hectares under cultivation is declining. Strichar, who has worked in the oat industry as a trader and commodity researcher for more than 40 years, says the reason for this trend is "simple" and comes down to price. “With growers, oats is ...
Source: Agroxxi

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