Loading…
Green Acres Milling, a farmer-owned venture led by Landon Plagge, plans to break ground in spring 2025 on a $55 million oat processing plant in Albert Lea, Minnesota. The facility is expected to process 3 million bushels of oats per year and to be operational by early fall 2026.
Plagge said brands are paying oat millers 22% more than a few years ago.
A new processing plant adds meaningful domestic demand for US oats, which could support oat prices and farm acreage over the coming seasons, though the effect is gradual and years away.
farm-news.comFeb 28, 2025Not enough comparable past events yet for a historical read.
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.
