The animal protein sector helps boost positive third quarter results for Cargill, but results for animal nutrition sales were not as strong, says company CEO.
Archer Daniels Midland (ADM) saw a dip in revenue and gross profit stemming from lower returns across US agricultural exports, the ethanol business and soy crushing globally.
Alltech has bought one of the largest animal nutrition players in North America, Ridley, saying the combined businesses will have annual revenues in excess of US$1.6 billion.
US feed supplier, Phibro Animal Health, is eyeing up new assets as it posted a 15% hike in sales for its animal health division in its third quarter results this week.
Natural feed additives producer, Anpario, said it remains committed to supplying the UK organic meat industry despite sector fragility, as it posted a jump of 20% in gross profit to £9.2m ($15.2m) for 2013.