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Paterson Global Foods announced the construction of O Foods Ltd., an oat processing facility in northwest Winnipeg. The plant will process up to 250,000 metric tonnes of raw oats a year from western Canadian farmers and produce high-health oat products.
The new mill adds a regional buyer for milling oats, which can support local oat demand and prices.
After 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.