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Cargill announced on April 26 an AUD 73 million investment to expand crush capacity at its Newcastle, Narrabri and Footscray plants in Australia. The plan includes a cottonseed dehulling conversion and added canola crush at Footscray.
Expanded Australian oilseed crushing adds meal and oil supply in the region, which may slightly weigh on local meal prices while supporting oilseed demand.
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Not 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.