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USDA's Risk Management Agency expanded Small Grains Crop Provisions to offer revenue protection for oats and rye for crop year 2023, matching the coverage already available for barley and wheat. The change follows a November 25 final rule and aims to reflect oat prices that rose about 30% in 2021 and 2022.
Better crop insurance can encourage farmers to keep or expand oat plantings, adding to future supply. The price effect is limited, but it is a modest bearish factor for oats over time.
texasagriculture.texasfarmbureau.orgJan 6, 2023After 16 past neutral policy events, Oats moved a median -1.1% over 5 sessions (44% higher; middle half -3.1% to +4.3%), and -5.7% over 20.
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.
