Agrocybe spp. belongs to the Agaricales order, Bolbitiaceae family, and Agrocybe genus. In Korea, so far, it has been cultivated through bottle cultivation; therefore, this study was conducted for the development of a new cultivar using the bag cultivation method for quantitative improvement. Thirty-three gene resources of Agrocybe spp. were collected and their quantity and characteristics of bag cultivation were examined. Next, 5 kinds of crossing parents were selected based on the cultivation period and shape of the fruit body. Seven strains were selected through 3 cross combinations. The 7 selected strains and the comparative cultivar ‘Cham’ were cultivated in a bag. As a result, the cultivation period was 49 days for ‘JBAC15-1’ and 50 days for ‘JBAC15-6’ which are 4 days and 3 days less than the cultivation period of the comparative cultivar ‘Cham’(53 days), respectively. Cultivation periods of other strains except for ‘JBAC15-1’ and ‘JBAC15-1’ were longer than that of the comparative cultivar‘Cham’. The best ratio of primordia formation among the selected strains was found to be that of ‘JBAC15-1’ with 96.1% followed by ‘JBAC15-6’ with 94.5%. These rates were 3.1% and 1.5% higher than the ratio of primordia formation of the comparative cultivar ‘Cham’, which is found to be 93.0%. The quantity was maximum in the ‘JBAC15-1’ cultivar with 176.8 g per bag followed by ‘JBAC15-6’ with 168.7 g per bag. The quantities were 10% and 5% more than the comparative cultivar ‘Cham’ with 160.7 g per bag. Based on these results, ‘JBAC15-1’ and ‘JBAC15-6’, which had shorter cultivation periods and more quantities than the comparative cultivar ‘Cham’ were finally selected. For the selected strains of ‘JBAC15-1’ and ‘JBAC15-6’, mycelial growth was observed to be optimal on PDA medium and the optimum temperature was 27.5oC. The optimum pH was pH 5 for ‘JBAC15-1’ and pH 6 for ‘JBAC15-6’. The color of the pileus of the fruit body was dark brown in ‘JBAC15-1’ and ‘Cham’ and light brown in ‘JBAC15-6’. The pileus was hemispherical in shape in both ‘JBAC15-1’ and ‘Cham’. However, the colors of the stem were different - light brown in ‘JBAC15-1’, white in ‘JBAC15-6’, and ivory in the comparative cultivar ‘Cham’.