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Australian Oilseed Investments, parent of Cootamundra Oilseeds, finalised a US$190 million merger with EDOC Acquisitions Corporation, paving the way for a NASDAQ listing. The deal is expected to fund a Central Queensland crushing plant and lift total Australian crush capacity to 160,000 tonnes.
Expanded Australian crush capacity adds canola and oilseed meal supply in Asia-Pacific over time, a modest bearish factor for meal prices, though the effect is gradual.
graincentral.comEmma AlsopMar 8, 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.
