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Paterson GlobalFoods is building a $94 million oat-processing plant on the western edge of Winnipeg with a capacity of 250,000 tonnes a year. The plant is expected to be built beside the company's existing grain elevator.
A new processing plant adds Canadian oat demand that will compete for grower supply, which could support prices and encourage acreage.
producer.comEd WhiteOct 10, 2019After 40 past bullish trade events, Oats moved a median -0.6% over 5 sessions (40% higher; middle half -2.8% to +1.7%), and -3.2% 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.
