# Paterson stakes Manitoba site for oat processing plant - AgCanada

> Winnipeg agrifood company Paterson GlobalFoods announced construction of O Foods Ltd., an oat mill that will process up to 250,000 tonnes of oats a year from western Canadian farmers. The plant will sit on a 600-acre site with Manitoba's largest private rail siding.

- Date: 2019-10-04 · published 2019-10-04T12:00:00.000Z
- Category: trade · region Canada · magnitude low
- Page: https://feedsoft.ai/events/56639-paterson-stakes-manitoba-site-for-oat-processing-plant-agcanada
- Commodities: [Oats](https://feedsoft.ai/c/OATS.md)

## Why it matters

The mill creates a new local outlet for western Canadian oats, which could firm oat bids and encourage farmers to grow the crop.

## Read by commodity

- OATS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| OATS | 2017-05-11 | [Small Manitoba Oat Processor Taking Advantage Of Increased Demand](https://feedsoft.ai/events/71070-small-manitoba-oat-processor-taking-advantage-of-increased-demand.md) | -5.2% | -1.4% |
| OATS | 2019-10-04 | [Paterson Global Foods Announces New Oat Processing Facility In Winnipeg \| Farms.com](https://feedsoft.ai/events/56641-paterson-global-foods-announces-new-oat-processing-facility-in-winnipeg-farms.md) | -0.4% | +3.6% |
| OATS | 2019-10-10 | [New oat plant in Manitoba will boost crop’s self-esteem \| The Western Producer](https://feedsoft.ai/events/56637-new-oat-plant-in-manitoba-will-boost-crop-s-self-esteem-the-western-producer.md) | +6.3% | +7.9% |
| OATS | 2017-05-08 | [Emerson Oat Processor Expanding Along With Global Demand - DiscoverWestman.com - Local news, Weather, Sports, Free Classifieds and Business Listings for Westman region, Manitoba](https://feedsoft.ai/events/71073-emerson-oat-processor-expanding-along-with-global-demand-discoverwestman-com.md) | -2.8% | -4.6% |
| OATS | 2017-02-20 | [Processing gives WA an edge in oat market \| The West Australian](https://feedsoft.ai/events/72560-processing-gives-wa-an-edge-in-oat-market-the-west-australian.md) | -2.8% | -2.3% |

## Sources

- agcanada.com: https://www.agcanada.com/daily/paterson-stakes-manitoba-site-for-oat-processing-plant

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