An analyst questions Nutreco’s move to set up a joint venture in fish feed in Nigeria, saying the Dutch feed group should remain focused on the massive growth potential of the Asian and Latin American aquaculture markets instead.
Raisioagro, the feed and grain division of Finnish food group Raisio, is to cease production of poultry and pig feed due to a “lack of competitiveness” in the market there.
As Nutreco announces it is to hold onto its Iberian business for the foreseeable future, a Dutch broker says management at the feed company has been ‘clumsy’ in the execution of the divestment process.
The Big Interview: we talk to Adirek Sripratak, CEO of CP Foods, about the group's feed business
Thai food and feed giant, CPF, is upbeat about prospects for its feed business, following on from its posting last month of a near double Q1 net profit for group operations, driven by higher meat prices, lower raw material costs and a recovery in its...
‘The industry is crying out for better performing piglet feed,’ says De Heus as it launched a new feed program for young pigs at the Utrecht feed to meat show.
Cargill is still weighing up the attractiveness of the Vietnamese dairy industry, but is optimistic about the feed consumption potential of the poultry, shrimp and swine sectors in a country that is seeing continual GDP growth.
Competitive grain sourcing, lower poultry imports and feed production efficiency have helped generate a profit hike of 35% for the animal feed and flour division of United Arab Emirates (UAE) food group, Agthia, for the first quarter of this year.
The Dutch feed group is extending its fish farming R&D capabilities for the Asian country in tandem with the construction of new factories in its strategy to be one of the top five feed makers in Vietnam.
The Dutch feed company, in its trading update for the first quarter of 2014, said revenue for the period, at €853.3 million, was up 8.4% on the same quarter last year.
The move last week by the Chinese state-owned food and feed giant, Cofco, to take a $1.5 billion majority stake in Noble Agri – the agribusiness arm of the Noble Group – will help China to diversify the source of its grains such as soy and corn, says...
Exclusive Interview: we talk to MD feed and nutrition at Cargill India
The Indian dairy feed market has huge potential for growth, with education around animal nutrition essential for boosting milk productivity, says Cargill.
Dutch feed firm, ForFarmers, saw a dip in profits in 2013 due to adverse currency effects, higher volatility in commodity prices and lower profit margins in Belgium and Germany.
"2013 was a once off” for US fish meal producer Omega Protein Corporation, says an analyst, as the group reports an all-time record high gross profit of $83m.
“Our strategic focus is the poultry vaccine segment of Lohmann,” says Elanco following its announcement yesterday of a deal to acquire the German animal health company.
A global feed maker on the hunt for a strategic buy could snap up Nutreco’s compound feed and meat businesses in Spain and Portugal, claims an analyst.
The recent acquisition of HST Feeds in the UK shows leading compound feed manufacturer ForFarmers to be unwavering in its goal of European sector consolidation.
South Korea plans to end its ban on the animal feed additive zilpaterol early next year, a senior food ministry official said on Oct. 31, opening the door to beef imports containing the growth enhancer and its domestic sale.
Cargill has reported a more than 300% increase in year-over-year second quarter net earnings, from $100 in 2012 to $409 million in 2013. The only blemishs on the earnings report were lingering effects from the 2012 drought in the US and overcapacity...
Thai food major Charoen Pokphand Foods will continue to view Vietnam as one of its biggest investment destinations, and this year the company plans to focus on growing its food processing business in the country.
Bernard Matthews faces growing pressure in the UK poultry sector with Faccenda Group’s acquisition of Cranberry Foods, according to industry commentators.
Bunge Agribusiness Singapore Pte has announced that it will join hands with an Indonesia palm plantation company, the first time Bunge has invested in the palm oil industry.
Cargill has reported a 68 percent surge in profits for the first quarter of 2011 to August 31, on the back of renewed volatility in global agricultural commodity markets, the company said.
Archer Daniels Midland (ADM) has seen its net profit increase by 15 percent during fiscal 2010, driven by stronger demand and improved margins, particularly in oilseeds and corn processing.
Archer Daniels Midland has made a new move to increase its precence in the Eastern European oilseed processing by acquiring assets of ViaChem Group in Olomouc, Czech Republic.
Cargill has made a new investment in its high oleic canola program with the move to a new seed facility in Idaho Falls, as it sees more demand for zero trans and low saturated fat oils.
Ingredients firm Cargill yesterday completed the expansion of its
Polish wheat processing facility, designed to meet consumer demand
across the European bloc.
Having largely escaped the wrath of Hurricane Katrina and
vigorously strengthened its position in the pectin, lecithin and
flavor sectors, Cargill has reported a two percent rise in first
quarter 2006 net earnings.
China Food Industries has announced plans to triple the size of its
cold room facilities, despite announcing a fall in sales for the
full year ending in December.
Bunge Agribusiness Singapore, has agreed a 10-year exclusive
throughput agreement with Phu My Port inVietnam. The agreement aims
to enhance Bunge's position as the leading supplier of soybean meal
to the growing Vietnamese animal...
Archer Daniels Midland (ADM) - the US' leading food processor - has
reported record third quarter results across all its segment
operations. The company's processing segments benefited from
rallies in corn and soybean futures...
The decision by meat processing giant Tyson to consolidate two
poultry manufacturing operations in Mississippi represents yet more
upheaval for America's meat processing industry. The firm's
decision, which follows a comprehensive...
Food ingredients giant Cargill this week reported $319 million in
earnings from continuing operations for the 2003 second quarter, a
25 per cent rise on last year's figure of $256 million. The
company's net income for the...
Pilgrim's Pride, the US-based poultry producer, has announced that
following an outbreak of flu that decimated its stocks and
subsequent disappointing financial results, it is to consolidate a
number of its processing operations.
US food company Cargill, the new owner of French starch
manufacturer Cerestar, reported $161 million (€182m) in earnings
for the third quarter ended February 28, up 63 per cent from $99
million earned in the same period a year ago.
The American grain processing giant Archer Daniels Midland Co.
claims it is to acquire Ag Processing Inc.'s stake in the U.S. and
Caribbean operations...
