◂ Event Timeline

Apr 30, 2023POLICYAustralia

13008-18 from InterGrain and Koala from Seednet accepted into first stage Australian Oat Classification Program

Two new oat varieties, 13008-18 from InterGrain and Koala from Seednet, were accepted into the first stage of Australia's Oat Classification Program. Full commercial milling assessment is planned for next year before classification decisions.

WHY IT MATTERS

This is a breeding and classification development with no near-term effect on oat supply or prices.

AFFECTSOATS

SOURCE
farmweekly.com.auJasmine PeartApr 30, 2023

Price reaction & history

OATSno directional readSO FAR1d -2.4%5d +5.9%20d +13.7%

After 49 past policy events, OATS moved a median -1.1% over 5 sessions (39% higher; middle half -3.3% to +2.7%), and -2.0% over 20.

Apr 21, 2021New Era for Oat Breeding: significant investment over the next five years to accelerate the National Oat Breeding Program | AgriFutures Australia+4.7%
Jun 7, 2021Export fodder customers and growers to benefit from new breeding program | AgriFutures Australia-3.4%
Apr 22, 2021$11.5 million program ushers in new era for oat breeding - Grain Central+1.8%
Oct 23, 2023Statement Of CFTC Commissioner Christy Goldsmith Romero: Protecting Farmers And Families From Artificially Inflated Food Prices+5.2%
Dec 13, 2022DPIRD talks up future oat demand | Farm Weekly | WA-7.8%

Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.

OATS · GP ▸

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