Business & Markets: Page 3

Business & Markets

Tanmiah Food reports strong sales revenue growth

Across all three of its divisions — poultry meat, feed and veterinary, and a fast-food franchise — Tanmiah Food Company of Saudi Arabia reports higher revenue and profit for the second quarter of the fiscal year.

Business & Markets

Major organizational overhaul plan at Cargill leaked

The company is reducing its business units from five to three and appointing new leaders to steer these divisions.

Company News

CEO Chris Schutte to retire from Astral Foods

His last day at the helm of South Africa’s largest poultry company will be January 30, 2025.

Business & Markets

Rabobank: China market offers opportunities for animal protein

China’s animal protein market has seen consumption trends evolve due to cyclical and structural factors, including market oversupply, economic slowdown, demographic shifts and changing consumer values.

Business & Markets

BASF declares force majeure on some products after fire

BASF has declared force majeure on deliveries of certain vitamin A, vitamin E and carotenoid products, as well as some aroma ingredients, after a fire at its Ludwigshafen, Germany, plant on July 29.

Commodities

Missouri study examines poultry litter’s impact on soybeans

An analysis of the poultry litter showed it contained 60 pounds of nitrogen, 50 pounds of phosphate and 27 pounds of potash per ton.

Carbon Emissions Reduction

DSM-Firmenich expands environmental footprinting to beef industry

DSM-Firmenich has expanded Sustell, its life-cycle assessment (LCA) platform for animal protein, to meet the environmental footprinting needs of the beef industry.

Company News

Swine Health information Center adds new board members

The Swine Health Information Center (SHIC) has welcomed two new board members and elected officers as two members conclude their service.

Commodities

FFAR grants $809K to enhance sorghum for Africa’s arid regions

This research aims to improve sorghum's nutritional value, addressing vital deficiencies in human and livestock diets.

International Trade

Ag exporters urge the US government to address rail congestion in Mexico

This coalition has officially approached the Surface Transportation Board, USDA, and USTR, advocating for enhancements in Mexico's rail infrastructure.

Aquaculture

De Heus inaugurates new marine R&D facility in Vietnam

De Heus has officially launched its new marine research and development (R&D) facility at the Vinh Long Aqua Research and Development Center in Vietnam.

Legal News

Perdue AgriBusiness to pay $12 million for air pollution violations

The agreement includes hefty fines, environmental improvements and community projects.

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