There is enough soybean meal of all qualities in Europe until the next harvest and sowing in the EU will be 10-15% above last year, said Donau Soja, an organization that promotes sustainable soy production in Europe.
US agribusiness giant, ADM, expects lower crop supplies for the next 18 months and beyond arising from the weak Canadian canola crop, the cut in South American soy and grain output, and Black Sea conflict related disruptions.
Russia’s invasion of Ukraine has led to volatility in several sectors of the global economy. For India and the region, trade is being disrupted in the grains, oilseeds, fertilizer, and energy sectors, among others.
Bühler says innovative services it introduced in 2021 in relation to pelleting and moisture control for feed millers reduces the energy consumption of the feed pelleting process and lowers the C02 footprint of feed plants by 4%.
Commodity trader, Louis Dreyfus Company (LDC), has committed to eliminate deforestation and conversion of native vegetation of high conservation value for agricultural purposes from all its supply chains by December 2025.
Impact investors including European Circular Bioeconomy Fund (ECBF), BNP Paribas, the Prince Albert II Foundation and The Good Investors have participated in a funding initiative for Protix valued at €50m (US$57.1m)
A three-year, US$2.5m Illinois Sustainable Technology Center (ISTC) engineering-scale project is aimed at showing that producing algae for feed use can be cost-effective and has added environmental benefits.