DSM has received full regulatory approval from the Brazilian and Chilean authorities to commercialize Bovaer, its methane-reducing feed additive for ruminants.
Agribusiness and grain results are boosting fourth quarter returns for Bunge Limited based, in part, on origination and improved farmer selling in South America.
'The transformations we have been seeing are overwhelming,' said Mark Lyons, president and chief executive of Alltech, the Kentucky-based feed multinational.
Entobel, a biotech company specialized in insect-derived feed protein, with production activities based in Vietnam since 2013, has raised €1m (US$1.13m) in funding, and its first commercial production plant is just about to go live.
Danish producer, Novozymes, reported that sales to the feed industry declined during 2018, as challenging feed enzyme markets, especially in Latin America, put pressure on volumes, including in the fourth quarter.