# Cargill Australia expanding oilseed crush capacity | World Grain

> Cargill will spend US$50 million to upgrade and expand its Newcastle, Narrabri and Footscray oilseed crush facilities in Australia. The company says the investment will meet rising demand for canola and cottonseed products from Australia and Asia. Work is set to be completed by 2024.

- Date: 2023-04-26 · published 2023-04-26T12:00:00.000Z
- Category: trade · region Australia · magnitude low
- Page: https://feedsoft.ai/events/36543-cargill-australia-expanding-oilseed-crush-capacity-world-grain
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [Cottonseed Meal](https://feedsoft.ai/c/CSM.md)

## Why it matters

Expanded crush capacity increases the future supply of canola and cottonseed meal for feed buyers. The move signals firm demand for Australian oilseed products.

## Read by commodity

- CSM: neutral
- CANMEAL: neutral

## Sources

- world-grain.com: https://www.world-grain.com/articles/18427-cargill-australia-expanding-oilseed-crush-capacity

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