Oats Price Trend and Forecast 2026-2027

Oats prices in Germany, the highest-cost reporting region, rose 3.6% in Q2 2026 to USD 290.00/MT from USD 280.00/MT in Q1, holding within the relatively stable band that has characterized the European market. US prices, the most volatile of the four regions, jumped 6.7% in Q2 to USD 255.00/MT, extending a sharp reversal after touching a multi-quarter low in Q4 2025 amid drought-driven crop concerns. Globally, the average rose from USD 240.74/MT in Q1 to USD 253.50/MT in Q2, a 5.3% gain, following a sharp 12.1% rebound in Q1 that reversed three consecutive quarters of decline. For H2 2026, a global average of USD 195.00-300.00/MT is expected, with lower North American crop production and rising global demand likely to keep this market volatile.

Oats are a cereal grain cultivated primarily across temperate climate zones in North America, Europe, and Australia, consumed both as a whole-grain food ingredient and as a livestock feed grain. Growing consumption of cereal-based foods, expansion of animal feed applications, rising awareness of dietary fiber benefits, and growth of the bakery and food ingredient industries have supported structural demand growth for this market, alongside increasing use of oats in plant-based food ingredients and cosmetic and healthcare products. Recent drought conditions across major North American oats-growing regions have reduced crop production and supplies, contributing to sharp price volatility even as global demand for oats continues rising. Crop weather and drought conditions, livestock feed and food ingredient demand, and North American production volumes are what drive prices in this market.

Oats Price Forecast for 2026

The outlook for Oats through H2 2026 stays volatile, tracking lower US oats crop production and supplies tied to recent drought conditions in major growing regions, alongside rising global demand for oat-based food products. Growth of value-added oat derivatives and increasing investments in sustainable grain farming should support longer-term structural demand, even as near-term pricing remains sensitive to North American weather developments.

The main upside risk is a further deterioration in North American growing conditions or an extension of the recent drought, which could tighten supply further and extend the sharp price gains seen in early 2026. The main downside risk is a stronger-than-expected North American harvest recovery combined with easing global demand growth, which could resume the price softening that characterized most of 2025.

For the Quarter Ending June 2026

Oats Prices Q2 2026:

• Germany: USD 290.00/MT
• United States: USD 255.00/MT
• Canada: USD 240.00/MT
• Australia: USD 220.00/MT

Oats Prices in Germany

German Oats prices averaged USD 290.00/MT in Q2 2026, the highest of any region tracked here, up 3.6% from USD 280.00/MT in Q1, holding within this market's relatively stable range.

Why did the price of Oats change in Q2 2026 in Germany?

Relatively stable European crop conditions continued keeping this market within its established band, even as global oats demand continued rising.

Oats Prices in the United States

US prices averaged USD 255.00/MT in Q2 2026, up 6.7% from USD 239.00/MT in Q1, extending a sharp recovery from the multi-quarter low touched at the end of 2025.

Why did the price of Oats change in Q2 2026 in the United States?

Continued tightness from lower crop production and supplies, tied to recent drought conditions across major growing regions, kept this market on its sharp recovery path following the Q4 2025 low.

Oats Prices in Canada

Canadian prices averaged USD 240.00/MT in Q2 2026, up 6.7% from USD 225.00/MT in Q1, tracking the broader North American supply-driven recovery.

Why did the price of Oats change in Q2 2026 in Canada?

As a major North American oats producer, this market continued tracking the same drought-driven supply tightness affecting the broader region.

Oats Prices in Australia

Australian prices, the lowest of the four regions, averaged USD 220.00/MT in Q2 2026, up 4.8% from USD 210.00/MT in Q1, as steady demand continued keeping this market comparatively affordable.

Why did the price of Oats change in Q2 2026 in Australia?

Steady demand from livestock feed and food ingredient applications kept this market on a firming path, even as it remained the most affordable of the four regions tracked here.

For the Quarter Ending March 2026

Oats Prices Q1 2026:

• Germany: USD 280.00/MT
• United States: USD 239.00/MT
• Canada: USD 225.00/MT
• Australia: USD 210.00/MT

Oats Prices in Germany

German prices rose 5.7% in Q1 2026 to USD 280.00/MT from USD 265.00/MT in Q4 2025, tracking the broader global recovery.

Why did the price of Oats change in Q1 2026 in Germany?

Rising global demand for oats, combined with generally stable European supply conditions, supported this market's continued gradual recovery from the softer conditions of late 2025.

Oats Prices in the United States

US prices surged 19.5% in Q1 2026 to USD 239.00/MT from USD 200.00/MT in Q4 2025, a bullish reversal following a multi-quarter low, as lower crop production and supplies tightened the market.

Why did the price of Oats change in Q1 2026 in the United States?

A bullish reversal pattern developed as lower US oats crop production and supplies, due to recent drought conditions in oats-growing country, combined with rising global demand for oats, drove a sharp price rebound after this market had touched a multi-quarter low.

Oats Prices in Canada

Canadian prices surged 15.4% in Q1 2026 to USD 225.00/MT from USD 195.00/MT in Q4 2025, tracking the broader North American supply tightness.

Why did the price of Oats change in Q1 2026 in Canada?

As a major North American producer, this market's export pricing tracked the same drought-driven supply tightness and rising global demand pattern evident in the broader North American oats market.

Oats Prices in Australia

Australian prices rose 10.5% in Q1 2026 to USD 210.00/MT from USD 190.00/MT in Q4 2025, tracking the broader global recovery.

Why did the price of Oats change in Q1 2026 in Australia?

Rising global demand for oats continued supporting price gains, even as this market's supply conditions remained comparatively more stable than the drought-affected North American growing regions.

Quarterly Oats Price Trends

Global Oats prices declined steadily through the second half of 2025 as ample supply weighed on this market, before a sharp reversal took hold in Q1 2026 as lower US crop production and supplies, tied to recent drought conditions, combined with rising global demand to drive one of the more volatile price cycles of any agricultural commodity tracked in this report.

What was Oats Price in 2025?

Oats declined across every market covered in this report through 2025, tracking ample supply conditions through most of the year, with the United States posting by far the steepest annual decline of the four regions as North American crop conditions weighed on this market before drought concerns sharply reversed the trend in early 2026.

Oats Prices in Germany in 2025

German prices eased from about USD 280.00/MT in Q1 2025 to USD 265.00/MT by Q4, down roughly 5.4%, the smallest annual decline of the four regions, reflecting this market's comparatively stable European supply conditions.

Oats Prices in the United States in 2025

US prices declined from about USD 260.00/MT in Q1 2025 to USD 200.00/MT by Q4, down roughly 23.1%, by far the steepest annual decline of the four regions, before the sharp Q1 2026 drought-driven reversal that followed.

Oats Prices in Canada in 2025

Canadian prices declined from about USD 240.00/MT in Q1 2025 to USD 195.00/MT by Q4, down roughly 18.8%, tracking the broader North American supply pattern.

Oats Prices in Australia in 2025

Australian prices declined from about USD 220.00/MT in Q1 2025 to USD 190.00/MT by Q4, down roughly 13.6%, the smallest decline among the North American and Southern Hemisphere producers tracked here.

How We Can Help

Expert Market Research: Your Source for Real-Time Oats Price Intelligence

Expert Market Research tracks Oats prices continuously across every major producing and consuming region, combining crop weather and drought condition data, livestock feed and food ingredient demand signals, and North American production volume trends into a single, regularly updated view of the market. Our team can help your procurement function benchmark current offers, plan purchases around the volatile trends covered in this report, and build a defensible view of where this essential cereal grain is headed next. Reach out to our team for a tailored briefing or a deeper look at any of the regional markets covered here.