The slowdown in milk production in the Big 7 exporters - the EU, the US, New Zealand, Australia, Brazil, Argentina, and Uruguay - in Q2 has trickled through to Q3 2018, according to the latest Rabobank Q3 Dairy Quarterly.
Cargill published its first quarter FY 2019 results yesterday. The US agribusiness giant said adjusted operating earnings for the period, ending 31 August, totaled $883m, nearly matching the $888m of last year’s comparative period.
Damage to agricultural production in North and South Carolina is forecast to be more than $1.1bn based on loss of feed and other crops and livestock, reported the North Carolina Department of Agriculture and Consumer Services (NCDA).
Tariff interchange and escalation is expected to exacerbate the damage done to trade markets and some feed crop producers, however cutting soy from feeds could have unexpected consequences, says ASA director.
Bühler has launched a cloud-based digital feed and food drying service, MoisturePro, that it says boosts yield, while reducing costs and the environmental footprint of thermal processing in the feed and food industries.