The oat, sometimes called the common oat, is a species of cereal grain grown for its seed. While oats are suitable for human consumption as oatmeal and rolled oats, one of the most common uses is as livestock feed. Oats are a nutrient-rich food associated with lower blood cholesterol when consumed regularly.

Russia was the largest producer of oats, followed by the United States and Western Europe.

Contribution factors:

Climate change in producing countries

Import and export policies, especially those of producing countries

Supply and demand of oats

Substitute for oats

Exchange rate fluctuations.