Business & Markets: Page 45

Animal Feed Manufacturers

French cooperative Le Gouessant discusses complexity of feed business

CEO Remi Cristoforetti shares how the cooperative is finding ways to navigate market stressors.

Commodities

USDA: Low corn prices spur greater feed use

The uptick in demand shouldn't trigger higher prices, barring disruptions due to bad weather or geopolitical conflict.

International Trade

Vilsack: Dairy trade implications of H5N1 minimal so far

Most trading partners 'understand that we’re on top of this,' US agriculture secretary says.

Mergers & Acquisitions

Reports: CJ Cheil Jedang to revive sale of feed business

South Korean feed and food producer CJ Cheil Jedang is once again looking to sell its feed and livestock unit, CJ Feed&Care, according to reports.

Animal Feed Recalls

Cargill recalls feed for meat birds due to lack of vitamin D

The recalled feed for broilers, turkeys, ducks, geese and pheasants is Nutrena Country Feeds Meat bird 22% Crumble (RV).

International Trade

Brazil reports higher quarterly pork exports

Despite a reduction in the volume of pig meat exports to two leading destinations in March, Brazil has continued year-on-year expansion in this trade for the first three months of 2024.

Animal Feed Recalls

ADM Animal Nutrition expands feed recall

ADM Animal Nutrition is expanding the recall announced on March 30 to include additional products due to elevated levels of magnesium, sodium, calcium and/or phosphorus.

International Trade

European bodies reach compromise over new Ukraine trade deal

Farmers are among the agrifood groups concerned about the impacts of a new trade agreement with Ukraine on European Union (EU) poultry meat and eggs markets.

Mergers & Acquisitions

Former HKScan business is now called Scan Sverige

Lantmännen has completed the acquisition of HKScan’s assets in Sweden.

Business & Markets

Alltech: Global feed production down slightly in 2023

2024 Agri-Food Outlook says lower demand is attributed in part to more efficient use of feed; poultry feed shows most significant growth.

Business & Markets

Elanco names 2 of Ancora’s nominees to board of directors

In an agreement with Ancora, a 3% shareholder in Elanco Animal Health, Kathy Turner and Craig Wallace will join the renamed Finance, Strategy and Oversight Committee.

Business & Markets

Benefits of outside boards of directors in feed and grain companies

Examine how the right board members can bring new perspective to closely held corporations and cooperatives.

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