Business & Markets: Page 34

International Trade

Longshoremen's association backs a potential coastwide strike

Strike will start October 1, 2024, if no new contract is reached with the United States Maritime Alliance.

Bollard Port Over Water

Business & Markets

War cost Ukraine’s MHP US$26 million in first half of 2024

In one incident alone, US$7 million worth of chicken products were lost.

Mhp Website Cropped

Mergers & Acquisitions

Cargill acquires 2 US feed mills

Cargill has acquired two feed mills from Compana Pet Brands – one in Denver and the other in Kansas City, Kansas.

Merger Acquisition 2

Brenntag opens new animal nutrition facility in Belgium

The state-of-the-art facility was completed in July and started full-scale operations in September.

Brenntag Headquarters

Mergers & Acquisitions

ForFarmers, Team Agrar partner on feed business in Germany

The joint venture, subject to regulatory approval and which will continue under the name ForFarmers Team Agrar, has a comprehensive feed portfolio across various species.

Pile Chicken Feed

Business & Markets

Vilsack open to idea of another US ag secretary term

The possibility exists that Tom Vilsack could serve as agriculture secretary under three presidents.

U.S. Secretary of Agriculture Tom Vilsack

RCL Foods aimed to balance revenue, margin in 2023-24

During the most recent reporting period, RCL Foods sold its Vector Logistics business, and its Rainbow poultry business was unbundled.

Rand South Africa

Surge in wheat exports and dips in corn sales

Corn sales drastically fell by 87%, impacted by reduced demand in key markets.

Corn Field Green Growing

DSM-Firmenich, Modern Dairy partner on Bovaer in China

DSM-Firmenich and China Modern Dairy Holdings Ltd., a dairy farming operator and raw milk producer in China, have signed a memorandum of understanding to enhance sustainability of Chinese dairy farming through the implementation of Bovaer.

Holstein Cows Feeding

Smithfield Foods to carve out European operations

Smithfield Foods and Morliny Foods, previously known as Smithfield Europe, will remain subsidiaries of WH Group.

Evonik completes expansion of Singapore methionine plant

Production of MetAMINO on Jurong Island is again running at full capacity, after shutdowns in the fourth quarter of 2023 and the second quarter of 2024.

Animal Feed Manufacturing

AFIA details challenges, opportunities in US feed manufacturing

The American Feed Industry Association (AFIA) has released its annual “Our Industry, Our Promise,” report, detailing the operational challenges facing U.S. feed and pet food manufacturers and actions AFIA is taking to address them.

Pile Chicken Feed

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