Business & Markets: Page 35

Feed Ingredients

Extreme summer weather in Romania hits crop yields, cattle numbers

High temperatures and low rainfall in Romania have led to forecasts for lower harvests of grains and oilseeds in the southeast European state.

Feed Production by Region

Jump in grain imports as Iran faces severe drought

Imports of feed ingredient by the Islamic Republic of Iran have jumped this year as a prolonged drought hits domestic wheat and barley harvests.

Business & Markets

Canadian rail operations poised to resume after government intervenes

The intervention aims to mitigate significant economic fallout by mandating binding arbitration.

Animal Nutrition

Zimbabwe begins emergency feeding of cattle

As the effects of drought continue to bite, the government of the southern African country has arranged urgent feed deliveries to preserve the nation’s cattle. Corn imports are also needed to meet demand.

Business & Markets

CN and CPKC railways lock out Canadian teamsters

The lockout threatens significant disruptions to Canadian rail services, impacting various industries as the peak shipping season nears.

Mergers & Acquisitions

Pilmico Foods, Gold Coin merge to form Aboitiz Foods

The new company’s 29 facilities are located in the Philippines, China, Vietnam, Malaysia, Indonesia, Singapore, Thailand and Brunei.

Company News

Elanco to invest $130M to renovate manufacturing facility

Elanco Animal Health Inc. will invest US$130 million to renovate its manufacturing facility in Elwood, Kansas, Gov. Laura Kelly announced on August 20.

Company News

CP Foods reports business recovery for the latest quarter

After a challenging 2023, results for the second quarter of 2024 show the company’s business has returned to normal.

Company News

Adisseo, Allozymes partner on feed ingredient technology

The companies say the new collaboration has the potential to revolutionize the animal feed ingredient production landscape.

Business & Markets

Rail lockouts set for August 22 as Canadian talks stagnate

CN and CPKC railways are on the verge of a significant disruption, with potential worker lockouts scheduled for August 22.

Regulatory Updates

Poland postpones ban on GM feeds, ingredients

The Polish government is supporting a five-year postponement for the introduction of a law prohibiting the inclusion of genetically modified ingredients in animal feeds.

Commodities

WASDE bumps up corn prices, but increase shouldn't last

Favorable weather and increased crop yields mean prices should decline in the long term, economist says.

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