Markets

© The Pet Butcher

Australian dog food company set for expansion

By Michelle Perrett

The Pet Butcher, an Adelaide-based dog food company, is looking to expand its concept across Australia and diversify into the feline food market, founder and director Nick Martin tells us.

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ADM stocks plunge as CFO placed on leave amidst investigation

By Jane Byrne

ADM shares plummeted by a staggering 24%, according to media reports on Monday, following the decision to place its CFO, Vikram Luthar, on administrative leave amid an ongoing investigation into accounting practices within its nutrition business.

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Irish ag minister launches dairy-beef systems action plan

By Teodora Lyubomirova

During a seminar organized by the Irish Food Board (Bord Bia), the Irish Cattle Breeding Federation and Teagasc, the minister discussed how to make dairy calf to beef systems ‘a profitable and sustainable option for farmers’.

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Five startups that captured our attention in 2023

By Jane Byrne

In 2023, the startup ecosystem faced persistent challenges due to economic uncertainties, anticipated interest rate increases, and the lingering effects of previous bank failures, as reported by EY.

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Uncertainty clouds EU's compound feed demand outlook

By Jane Byrne

The impact of animal diseases, economic ambiguity, continued high food price inflation, persistent weather irregularities and increased imports of poultry products from Ukraine are affecting EU27 compound feed production, says FEFAC.

© GettyImages/Dmitrii_Guzhanin

EU soy output to hit record high

By Jane Byrne

Soy output in the EU-27 is projected to reach 3m tons this season, an all-time high, and an increase of 33% against 2022.

© GettyImages/Olha Pylypenko

Agri-commodity market trends

IGC forecasts 7% jump in global soybean output

By Jane Byrne

World soybean production for 2023-2024 is forecast to expand by 7% year on year (y/y) to a record of 395 million tons, chiefly linked to bigger crops in South America, notes the latest update from the International Grains Council (IGC).