Changing governmental policies are prompting early export sales of feed grains and may be lowering domestic use of corn even as livestock production increases.
US animal production and corn use in feed is predicted to increase even as corn export sales cede market space to shipments from Brazil and Ukraine, say analysts.
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.
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.
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.
US feed industry members are applauding progress on the US and China trade relationship as a new phase one trade deal looks to improve agricultural exports and streamline the approval process.
Delayed US feed crop harvests create challenges for feed crop production data collection and raise questions about corn and soybean yields and corn usage, say experts.
Bearish and bullish surprises in new feed crop production and use data. as the WASDE report shows an increase in corn and soybean yields balanced by a boost to corn feeding, says analyst.
Following a year marked by uncertain in feed production and access to international markets, the US feed industry is approaching 2020 with greater optimism.
Feed crop producers in Argentina increased forward sales of some oilseed based feed ingredients in the last quarter of 2019 in anticipation of a change in export taxes.
Global demand for protein following the African Swine Fever (ASF) outbreaks and increasing sales in aquafeed helped boost Cargill’s second quarter returns.
