Markets

Grain ship at the port of Paranaguá, Brazil © GettyImages/Ziviani

Brazil expected to export record level of soybeans

By Jane Byrne

A USDA attaché report for Brazil has increased the 2022/23 forecast for the country’s soybean production to 153 million metric tons (MMT). It also revises upwards its soybean export estimate to 97MMT, a new record.

© GettyImages/JJ Gouin

US soybean exports outpacing last season

By Jane Byrne

Soybean markets remained supported in recent days due to dwindling US supply amid incredibly strong export demand, finds a CRM Agri report.

© Protenga

Protenga gets funding boost from The Yield Lab Asia Pacific

By Jane Byrne

The Yield Lab Asia Pacific is the latest investor in Asian insect ingredient developer, Protenga. The Singapore-based company’s most recent funding round also saw participation from SEEDS Capital and JBI Innovations.

© GettyImages/designer491

Adisseo snaps up French botanicals firm Nor-Feed

By Jane Byrne

The Adisseo group has inked an agreement to acquire Nor-Feed and its subsidiaries, a group that produces plant-based specialty ingredients and plant extracts for animal nutrition.

© GettyImages/Andrii Yalanskyi

AB Agri acquires dairy industry specialists

By Jane Byrne

UK feed manufacturer, AB Agri, has acquired the dairy consultancy business Kite Consulting and its associated company, Advance Sourcing, for an undisclosed sum.

© GettyImages/adamkaz

US beef production set to contract

By Jane Byrne

Global beef production is split by hemisphere, with northern countries generally in a declining production phase while those in the south are increasing, says Rabobank.

© GettyImages/vestenskov

WASDE: US corn production revised higher

By Jane Byrne

This month’s WASDE saw corn production in the US forecast higher, to 353.84Mt, a slight hike on the 352.95Mt estimated in October, leading to a slightly eased ending stock projection.

Model of Flyfeed factory © Flyfeed

Estonian insect farming startup flying high

By Jane Byrne

Tallin-based Flyfeed, an insect farming startup, has developed and tested its production technology, signed letters of intent with top-tier companies, and it has also built a team of employees, partners, and advisors in under one year. In addition, it...