# Cargill expands crush capacity to meet strong domestic and international demand for Australian canola and cottonseed oil

> Cargill announced a US$50 million (A$73m) investment to upgrade and expand its Newcastle, Narrabri and Footscray oilseed crush plants in Australia. The Narrabri plant will be restarted as a cottonseed dehulling site, and Newcastle will be able to crush cottonseed alongside canola. Work is due to be completed by May 2024.

- Date: 2023-04-26 · published 2023-04-26T12:00:00.000Z
- Category: trade · region Australia · magnitude low
- Page: https://feedsoft.ai/events/36541-cargill-expands-crush-capacity-to-meet-strong-domestic-and-international-demand
- Commodities: [Cottonseed Meal](https://feedsoft.ai/c/CSM.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

Added crush capacity raises Australian canola and cottonseed meal output over time, which can add supply to feed markets. Strong export and domestic demand for the oil could support canola and cottonseed values.

## Read by commodity

- CSM: neutral
- CANMEAL: neutral

## Sources

- agnavigator.com: https://www.agnavigator.com/Article/2023/04/26/cargill-to-expand-crush-capacity-to-meet-demand-for-australian-canola-and-cottonseed-oil/
- feednavigator.com: https://www.feednavigator.com/Article/2023/04/26/cargill-to-expand-crush-capacity-to-meet-demand-for-australian-canola-and-cottonseed-oil/
- prnewswire.com: https://www.prnewswire.com/apac/news-releases/cargill-expands-crush-capacity-to-meet-strong-domestic-and-international-demand-for-australian-canola-and-cottonseed-oil-301807341.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.