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Plant-Milk Craze Has Created an Oat Bubble That’s About to Burst

  • Canada farmers to plant more acres amid higher net returns
  • Glut of new acres will cause prices to drop, analyst says
Oat milk

Oat milk

Photographer: Brent Hofacker/iStockphoto

The oat bubble is probably set to pop.

The newfound popularity of oat milk that’s sold everywhere from Starbucks cafes to Amazon.com has turned the cereal plant into a hot commodity, and profits are soaring for growers. Now, farmers are undertaking a planting bonanza that will boost acres to the most in over a decade.