A survey of some 97 professional buyers, traders and producers of feed and food additives saw 35 respondents or 36% expecting a high, and 50 respondents or 51% a low impact of the coronavirus on ingredient supply.
The anticipation of poorer prices in Mexico's livestock and poultry sectors coupled with declining sorghum production and increasing prices are expected to reduce use of the feed grain in that market, says analyst.
Archer Daniels Midland Company’s animal nutrition business is focusing on the integration of Neovia, developing alternative ingredients and supporting the feed industry’s move away from antibiotic use.
Following up on Wednesday’s trade agreement progress with China, the US Senate approved the revised trade agreement with Canada and Mexico (USMCA) on Thursday [January 16]. The development was welcomed the US feed sector.
Nutreco has announced a strategic partnership with US cell-based seafood startup, BlueNalu. This announcement comes only a week after the Dutch animal nutrition and fish feed group reported it was collaborating with cellular meat pioneer, Mosa Meat.