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A cotton seed crushing plant in Hillston, NSW, that produces 30,000 tonnes of pellets a year for ruminants plus cottonseed oil is on the market. The plant has annual turnover of $15-18m and EBITDA of $2 million.
Offtake is contracted for more than 50% of output with an animal feed company.
This is an asset sale with no new change in supply or demand, so it has little direct effect on feed prices.
farmonline.com.auMark PhelpsJun 1, 2023Not 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.
