◂ Event Timeline

Jun 7, 2021POLICYAustralia

Export fodder customers and growers to benefit from new breeding program

Australia's AgriFutures and GRDC are contributing to an A$11.5 million national oat breeding program led by InterGrain. The program aims to develop hay and milling oat varieties with higher protein, thinner stems and lodging resistance.

WHY IT MATTERS

Long-term breeding investment may improve Australian oat quality and export competitiveness, but it has no near-term price impact.

AFFECTSOats

SOURCE
agrifutures.com.auJun 7, 2021

Price reaction & history

Oatsno directional readSO FAR1d +1.9%5d -3.4%20d -0.1%

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%
Apr 22, 2021$11.5 million program ushers in new era for oat breeding - Grain Central+1.8%
Apr 30, 202313008-18 from InterGrain and Koala from Seednet accepted into first stage Australian Oat Classification Program | Farm Weekly | WA+5.9%
Feb 1, 2021New efforts to raise oat productivity and value | GroundCover-0.1%
Jun 19, 2024Due to exceeding quotas, EU returns customs duties on Ukrainian oats | Ukrainian news-10.3%

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 OATS · GP ▸

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