# CFTC fines Ceres Global Ag Corp $3 million for trying to manipulate oat futures prices_Hawk Insight

> The CFTC issued an order fining Ceres Global Ag Corp $3 million for attempted manipulation of July 2016 and March 2017 oat futures contracts. The order says senior personnel directed large long positions near the speculative limit and delivered oats to raise prices.

- Date: 2024-01-25 · published 2024-01-25T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/32158-cftc-fines-ceres-global-ag-corp-3-million-for-trying-to-manipulate-oat-futures
- Commodities: [Oats](https://feedsoft.ai/c/OATS.md)

## Why it matters

The penalty is a regulatory matter with little direct supply impact on oats, so it has limited effect on feed or grain prices.

## Read by commodity

- OATS: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| OATS | 2023-10-23 | [Ceres Global Ag Agrees to Pay $3 Million in Civil Penalties Over Trades in Oat Contracts](https://feedsoft.ai/events/33707-ceres-global-ag-agrees-to-pay-3-million-in-civil-penalties-over-trades-in-oat.md) | +5.2% | -9.8% |
| OATS | 2021-04-22 | [$11.5 million program ushers in new era for oat breeding - Grain Central](https://feedsoft.ai/events/47667-11-5-million-program-ushers-in-new-era-for-oat-breeding-grain-central.md) | +1.8% | -9.7% |
| 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 | 2024-04-22 | [Consortium to capitalise on growing global oat demand - Grain Central](https://feedsoft.ai/events/30788-consortium-to-capitalise-on-growing-global-oat-demand-grain-central.md) | +4.2% | +1.7% |
| OATS | 2024-02-17 | [Oats service charge for Manitobans increases at AGM - PembinaValleyOnline.com - Local news, Weather, Sports, Free Classifieds and Business Listings for the Pembina Valley, Manitoba](https://feedsoft.ai/events/31718-oats-service-charge-for-manitobans-increases-at-agm-pembinavalleyonline-com.md) | -2.2% | -6.5% |

## Sources

- hawkinsight.com: https://www.hawkinsight.com/en/article/cftc-fines-ceres-global-ag-corp-3m-for-attempted-manipulation-of-oats-futures-prices

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