# Cargill to upgrade three Australian crushing plants - Grain Central

> Cargill announced an investment of A$73 million to upgrade its Newcastle, Narrabri and Footscray oilseed crushing facilities, with completion expected by May 2024. The Narrabri plant, mothballed since 2018, will be restarted as a cottonseed dehulling site. Cottonseed meats will then be processed at Newcastle.

- Date: 2023-04-25 · published 2023-04-25T12:00:00.000Z
- Category: trade · region Australia · magnitude low
- Page: https://feedsoft.ai/events/36544-cargill-to-upgrade-three-australian-crushing-plants-grain-central
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [Cottonseed Meal](https://feedsoft.ai/c/CSM.md)

## Why it matters

More crushing capacity in Australia means more canola and cottonseed meal entering the domestic and export feed supply. The effect on prices is gradual because the capacity will not be fully operating until 2024.

## Read by commodity

- CSM: neutral
- CANMEAL: neutral

## Sources

- graincentral.com: https://www.graincentral.com/news/cargill-to-upgrade-three-australian-crushing-plants/

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