# New golden age for oats | Countryman

> CBH announced a new oat processing facility at Forrestfield, WA, able to process up to 60,000 tonnes a year. It builds on CBH's purchase of Blue Lake Milling and aims to serve growing Asian demand for oat products using local oats. The plant will compete for supply with UniGrain and a new Quaker Oats mill in the same area.

- Date: 2016-07-07 · published 2016-07-07T12:00:00.000Z
- Category: trade · region Australia · magnitude low
- Page: https://feedsoft.ai/events/12593-new-golden-age-for-oats-countryman
- Commodities: [Oats](https://feedsoft.ai/c/OATS.md)

## Why it matters

Added milling capacity raises competition for milling-grade oats in WA, supporting local oat prices. The shift from stockfeed toward milling demand reduces the boom-bust pattern in feed oat markets.

## Read by commodity

- OATS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| OATS | 2020-05-13 | [Farmers replace barley with wheat, oats after China tariff shock \| Countryman](https://feedsoft.ai/events/53182-farmers-replace-barley-with-wheat-oats-after-china-tariff-shock-countryman.md) | -1.6% | -2.3% |
| OATS | 2021-01-18 | [2020 a strong year for Canadian oats](https://feedsoft.ai/events/49207-2020-a-strong-year-for-canadian-oats.md) | -3.1% | -3.5% |
| OATS | 2021-12-22 | [China bolsters Australian oat imports despite trade tensions \| Countryman](https://feedsoft.ai/events/43658-china-bolsters-australian-oat-imports-despite-trade-tensions-countryman.md) | +4.3% | -3.9% |
| OATS | 2021-03-04 | [Rising commodity prices are good news for ag producers — Oyen Echo](https://feedsoft.ai/events/48179-rising-commodity-prices-are-good-news-for-ag-producers-oyen-echo.md) | +2.6% | +1.8% |
| OATS | 2020-01-30 | [The growing demand for high-quality oats](https://feedsoft.ai/events/55133-the-growing-demand-for-high-quality-oats.md) | -1.1% | -11.1% |

## Sources

- countryman.com.au: https://www.countryman.com.au/countryman/grain/new-golden-age-for-oats-ng-ya-111885

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