The crossword solution for the term 'FEEDBAG BIT' is 'OAT', which is a three-letter word. Oats are a type of cereal grain that is widely cultivated for its edible seeds. They are most often eaten as oatmeal, which is made by boiling oats in water or milk. Oats are also used in a variety of baked goods, such as oatcakes and oatmeal cookies. Oats are a good source of dietary fiber, vitamins, minerals, and antioxidants.