Danish fish feed manufacturer, Aller Aqua, says it will cease sourcing the soy it needs for its formulations from South America, with its European manufacturing bases privileging regional purchasing of soy products instead.
Financially challenged, Vicentin, a diversified agribusiness and one of the largest Argentinian-owned exporters of soy and soy products, has asked a national court to begin bankruptcy-protection proceedings, reported Bloomberg Law.
US dairy producers are facing several challenges as the industry shifts production regions and consolidates, but steadying feed prices, trade deals and an upturn in milk prices could bring a better year.
Poor weather conditions in Canada have diminished wheat quality and resulted in an increase in the share of production going into feed wheat, compared to the previous marketing year, finds a USDA report.
In a grains and oilseeds markets update today, the AHDB in the UK reported that Chinese imports of US soybeans surged, throughout December, when compared to levels in the comparative period a year ago.
Swine inventories in Poland decreased by 4% in 2019 due to the spread of African swine fever (ASF) and growing feed costs stemming from the 2019 drought, according to data from the US Department of Agriculture (USDA).
Olam International has restructured its business to “unlock” further growth, with the potential for IPO listing of its new and distinct operating groups, one focused on food ingredients, the other on global agriculture.
The National Grain and Feed Association (NGFA) in the US is working to establish an electronic method to account for grain trading and movement by barge to reduce industry costs and streamline current practices.