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Blue Lake Milling, a CBH subsidiary, opened a 60,000-tonne-a-year oat processing plant in Forrestfield, Western Australia, mainly serving China. The plant will buy most of its oats from local WA growers.
New processing capacity increases local demand for Australian milling oats and supports export-oriented oat flows to China. The effect on feed oat prices is modest.
countryman.com.auCally DupeAug 1, 2018After 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.
