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Ridley Corporation is expanding its petfood skills and staffing and investing in livestock feed capacity. The company bought the Carrick feed mill for A$6.5 million in August and acquired Oceania Meat Products for A$52 million in March.
Company investment in rendering and feed capacity signals growing domestic demand for by-products and bulk feed, but it has no immediate effect on commodity prices.
farmonline.com.auAndrew MarshallNov 19, 2024Not 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.
