Oats: From the Original Energy Contract to Trendy Dairy Alternative.

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Bibliographic Details
Title: Oats: From the Original Energy Contract to Trendy Dairy Alternative.
Authors: CME Group
Source: Benzinga. 02/09/2023.
Abstract: AT A GLANCE Oats are a crop whose history in North America is inextricably linked with the futures industry. Launched in 1877 along with Corn and Wheat by the Chicago Board of Trade, Oat futures can be considered the first energy derivative: the underlying crop served as feed for the city’s horses before the advent of the internal combustion engine. [ABSTRACT FROM PUBLISHER]
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Abstract:AT A GLANCE Oats are a crop whose history in North America is inextricably linked with the futures industry. Launched in 1877 along with Corn and Wheat by the Chicago Board of Trade, Oat futures can be considered the first energy derivative: the underlying crop served as feed for the city’s horses before the advent of the internal combustion engine. [ABSTRACT FROM PUBLISHER]