# GRDC launches new wave of oat investments | GroundCover

> The Grains Research and Development Corporation has launched a new wave of oat research investments targeting food and beverage demand. It expects global oat-based consumption to grow about 5% a year over the next five years.

- Date: 2024-06-30 · published 2024-06-30T12:00:00.000Z
- Category: policy · region Australia · magnitude low
- Page: https://feedsoft.ai/events/29837-grdc-launches-new-wave-of-oat-investments-groundcover
- Commodities: [Oats](https://feedsoft.ai/c/OATS.md)

## Why it matters

This is longer-term research funding aimed at milling and food markets, so it has little effect on near-term feed oat supply or prices.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| OATS | 2021-02-01 | [New efforts to raise oat productivity and value \| GroundCover](https://feedsoft.ai/events/48681-new-efforts-to-raise-oat-productivity-and-value-groundcover.md) | -0.1% | +6.9% |
| OATS | 2021-04-21 | [New Era for Oat Breeding: significant investment over the next five years to accelerate the National Oat Breeding Program \| AgriFutures Australia](https://feedsoft.ai/events/47666-new-era-for-oat-breeding-significant-investment-over-the-next-five-years-to.md) | +4.7% | -7.5% |
| OATS | 2019-08-28 | [Canada invests nearly $2 million in oat cultivar development - Top Crop ManagerTop Crop Manager](https://feedsoft.ai/events/57642-canada-invests-nearly-2-million-in-oat-cultivar-development-top-crop-managertop.md) | +3.0% | +6.2% |
| OATS | 2022-10-06 | [Government of Canada invests in food research to support disease prevention](https://feedsoft.ai/events/39184-government-of-canada-invests-in-food-research-to-support-disease-prevention.md) | +0.0% | -2.9% |
| OATS | 2020-10-23 | [$3 million investment to seed growth in grain industry \| The National Tribune](https://feedsoft.ai/events/50721-3-million-investment-to-seed-growth-in-grain-industry-the-national-tribune.md) | -1.4% | -2.1% |

## Sources

- groundcover.grdc.com.au: https://groundcover.grdc.com.au/crops/cereals/grdc-launches-new-wave-of-oat-investments

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.