# New Era for Oat Breeding: significant investment over the next five years to accelerate the National Oat Breeding Program | AgriFutures Australia

> AgriFutures Australia and GRDC are investing $5.4 million over five years in the National Oat Breeding Program, led by commercial breeder InterGrain. The total program is worth $11.5 million and will develop milling and hay oat varieties.

- Date: 2021-04-21 · published 2021-04-21T12:00:00.000Z
- Category: policy · region Australia · magnitude low
- Page: https://feedsoft.ai/events/47666-new-era-for-oat-breeding-significant-investment-over-the-next-five-years-to
- Commodities: [Oats](https://feedsoft.ai/c/OATS.md)

## Why it matters

Long-term breeding investment may improve oat varieties and supply, but it has little near-term effect on feed grain prices.

## Read by commodity

- OATS: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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% |
| OATS | 2024-01-25 | [CFTC fines Ceres Global Ag Corp $3 million for trying to manipulate oat futures prices_Hawk Insight](https://feedsoft.ai/events/32158-cftc-fines-ceres-global-ag-corp-3-million-for-trying-to-manipulate-oat-futures.md) | +4.6% | -0.8% |
| OATS | 2020-02-24 | [New Zealand: Plans to ban pre-harvest glyphosate in oats \| The Scottish Farmer](https://feedsoft.ai/events/54671-new-zealand-plans-to-ban-pre-harvest-glyphosate-in-oats-the-scottish-farmer.md) | -9.2% | -11.5% |
| OATS | 2023-10-23 | [Ceres Global Ag Agrees to Pay $3 Million in Civil Penalties Over Trades in Oat Contracts](https://feedsoft.ai/events/33707-ceres-global-ag-agrees-to-pay-3-million-in-civil-penalties-over-trades-in-oat.md) | +5.2% | -9.8% |
| 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% |

## Sources

- agrifutures.com.au: https://agrifutures.com.au/news/new-era-for-oat-breeding-significant-investment-over-the-next-five-years-to-accelerate-the-national-oat-breeding-program/

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