# $11.5 million program ushers in new era for oat breeding - Grain Central

> InterGrain will lead the $11.5 million National Oat Breeding Program over five years, backed by $5.4 million each from AgriFutures Australia and GRDC, plus $5.4 million from InterGrain and $750,000 from Western Australian authorities. The program transitions to full commercial operation by 2025 and will develop milling and hay oat varieties.

- Date: 2021-04-22 · published 2021-04-22T12:00:00.000Z
- Category: policy · region Australia · magnitude low
- Page: https://feedsoft.ai/events/47667-11-5-million-program-ushers-in-new-era-for-oat-breeding-grain-central
- 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 | 2021-04-21 | [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 | 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 | 2024-04-22 | [Consortium to capitalise on growing global oat demand - Grain Central](https://feedsoft.ai/events/30788-consortium-to-capitalise-on-growing-global-oat-demand-grain-central.md) | +4.2% | +1.7% |
| 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 | 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% |

## Sources

- graincentral.com: https://www.graincentral.com/news/11-5-million-program-ushers-in-new-era-for-oat-breeding/

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