◂ Event Timeline

Dec 1, 2022POLICYUS

Release: USDA Expands Revenue Protection to Oat and Rye Producers

USDA's Risk Management Agency expanded revenue protection crop insurance to oats and rye for the 2023 crop year. The change takes effect following a November 25 final rule in the Federal Register.

WHY IT MATTERS

Better insurance coverage may encourage more oat planting in the US, a modest supply consideration for oat prices over time.

AFFECTSOATS◆

SOURCE
proag.comDec 1, 2022

Price reaction & history

OATS◆neutralSO FAR1d -3.7%5d -14.5%20d -6.0%

After 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.

Jan 6, 2023Texas Agriculture • January 6, 2023 • Expanded revenue protection for oat, rye farmers+4.5%
Aug 15, 2021Cabinet approves procedure for support of producers of buckwheat, rye, millet and oats - Aug. 15, 2021 | KyivPost+0.2%
Dec 20, 2023Important Changes to Crop Insurance for Oats and Hybrid Winter Rye-3.1%
Apr 22, 2021$11.5 million program ushers in new era for oat breeding - Grain Central+1.8%
Nov 17, 2022Barley and oat cultivation has new agricultural climate risk zoning - Revista Cultivar-0.2%

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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