Oats aren’t just for horses and quakers anymore. investors should get a helping of them, too.
Prices for the grain, which is used as animal feed as well as breakfasts, started weakening steadily in 2014 and have since reached levels not seen since the 2008 financial crisis. In early 2014, oats fetched more than $4.60 a bushel compared to $1.83 recently.
The fact that prices are so low by historical standards suggests a bounce is in the offing. As economists say, the cure for low prices is low prices. Read more here.