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The federal government committed up to C$1,982,915 to the Prairie Oat Growers Association to develop oat varieties suited to Western Canada, which produces nearly 90 per cent of Canadian oats. The new cultivars are meant to resist major diseases, pests and climate stresses.
This is a long-term research investment with no near-term effect on oat supply or prices.
topcropmanager.comStefanie CroleyAug 28, 2019After 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.
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.
