# Texas Agriculture • January 6, 2023 • Expanded revenue protection for oat, rye farmers

> 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.

- Date: 2023-01-06 · published 2023-01-06T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/37860-texas-agriculture-january-6-2023-expanded-revenue-protection-for-oat-rye-farmers
- Commodities: [Oats](https://feedsoft.ai/c/OATS.md)

## Why it matters

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.

## Read by commodity

- OATS: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| OATS | 2022-12-01 | [Release: USDA Expands Revenue Protection to Oat and Rye Producers - ProAg](https://feedsoft.ai/events/38293-release-usda-expands-revenue-protection-to-oat-and-rye-producers-proag.md) | -14.5% | -6.0% |
| OATS | 2022-11-17 | [Barley and oat cultivation has new agricultural climate risk zoning - Revista Cultivar](https://feedsoft.ai/events/38737-barley-and-oat-cultivation-has-new-agricultural-climate-risk-zoning-revista.md) | -0.2% | -13.8% |
| OATS | 2021-08-15 | [Cabinet approves procedure for support of producers of buckwheat, rye, millet and oats - Aug. 15, 2021 \| KyivPost](https://feedsoft.ai/events/45607-cabinet-approves-procedure-for-support-of-producers-of-buckwheat-rye-millet-and.md) | +0.2% | -0.4% |
| 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 | 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% |

## Sources

- texasagriculture.texasfarmbureau.org: https://texasagriculture.texasfarmbureau.org/articles/expanded-revenue-protection-for-oat-rye-farmers

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