ForFarmers says it has moved to shore up its position in the Belgian market by acquiring Voeders Algoet for around €14 million or seven times the Belgian feed company’s EBITDA.
ForFarmers is just beginning to test what it says is an environmentally beneficial, alternative way of unloading compound feed - electric and emission-free discharging of the feedstuffs.
A study has found that prevention strategies at the pre and post-harvest stages are the most effective ways of reducing mycotoxin load as, once they are present in feed ingredients, mycotoxins are hard to eliminate.
Research at Aalborg University in Denmark suggests that green bio-refinery processes have the potential to generate organic protein-rich animal feeds from green crops for pigs, poultry and dairy cows.
ForFarmers says it has signed an agreement to sell its arable activities to CZAV, a Dutch cooperative with a strong position in arable products in the south of the Netherlands.
ForFarmers said its net revenue for 2016 declined by 6% to €2.1bn last year, with it citing lower raw material prices and the impact of a weaker pound sterling.
