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Cargill will restart its modified Narrabri plant in Australia at the end of May as a dedicated cottonseed dehulling facility. The company is investing $73 million across its Narrabri, Newcastle and Footscray sites, and the Narrabri hulls will supply domestic feedstock markets.
Added cottonseed processing capacity in Australia could increase domestic supply of hulls and meal, though the effect on prices is modest and not immediate.
narrabricourier.com.auFeb 7, 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.
