# $120m upgrade arms Kilcoy plant for global beef opportunity + VIDEO - Beef Central

> Queensland grainfed beef processor Kilcoy Pastoral Co has completed a A$120 million upgrade and expansion of its southeast Queensland plant over the past two years. The project is aimed at higher throughput and efficiency, and is owned by China's Hosen Capital, which is also building a vertically integrated food business including US and Chinese acquisitions.

- Date: 2018-06-15 · published 2018-06-15T12:00:00.000Z
- Category: logistics · region Australia · magnitude low
- Page: https://feedsoft.ai/events/64628-120m-upgrade-arms-kilcoy-plant-for-global-beef-opportunity-video-beef-central
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Added processing capacity in Australia can draw more cattle into grainfed beef production and support export demand for beef, a modest supportive factor for feeder and fat cattle prices in the region.

## Read by commodity

- LCATTLE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| LCATTLE | 2020-05-12 | [U.S. Meat-Plant Changes Signal End of the 99-Cent Chicken - Bloomberg](https://feedsoft.ai/events/53283-u-s-meat-plant-changes-signal-end-of-the-99-cent-chicken-bloomberg.md) | +7.0% | +4.5% |

## Sources

- beefcentral.com: https://www.beefcentral.com/processing/120-million-upgrade-arms-kilcoy-plant-for-global-beef-opportunity-video/

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