Yes, oats!+Year-to-date performance of the hearty grain has put it ahead of all other commodities and asset classes, according to Quartz’s daily monitoring of market returns in 2014.
The problem isn’t lackluster harvests. Canada, the world’s top exporter of oats, had a bumper crop in 2013.+Rather, the issue is getting oats to market. Transportation bottlenecks from Canada are keeping oats from getting to large consumers of them, such as food giant General Mills.+Millions of tons of grains are sitting in storage in Western Canada, as rail cars to transport the grain are in short supply. The source of the bottleneck is a matter of debate....MORE
HT: Dow Jones property MoneyBeat né MarketBeat, where Matt hung his hat and other accoutrement.
