# Auscott, Cargill, Namoi split joint venture, case closed - Grain Central

> The joint venture between Cargill, Auscott and Namoi has been dissolved after changing profitability. Cargill now solely owns the Footscray canola crushing plant in Victoria, while the Narrabri crush closed earlier in 2019.

- Date: 2019-11-13 · published 2019-11-13T12:00:00.000Z
- Category: market · region Australia · magnitude low
- Page: https://feedsoft.ai/events/56186-auscott-cargill-namoi-split-joint-venture-case-closed-grain-central
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

Closure of the Narrabri crush reduces Australian oilseed crushing capacity, which lowers domestic demand for canola seed and meal production in eastern Australia.

## Read by commodity

- CANMEAL: neutral

## Sources

- graincentral.com: https://www.graincentral.com/news/auscott-cargill-namoi-split-joint-venture-case-closed/

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