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Manildra Meat Company, owner of the Cootamundra Abattoir in New South Wales, has applied to extend a six-month trial of using its rendering plant to produce fish meal and oil from south coast fish. The company said the abattoir could operate profitably long term by adding fish as a feedstock.
The development application is open for public submissions until April 24.
A small Australian fish meal and oil operation adds marginal local supply, so the impact on global fishmeal prices is limited and slightly bearish.
cootamundraherald.com.auTom GoslingMar 31, 2020Not 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.
