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Business & Markets: Page 56
Company News
Darling-Butterball rendering plant idea based on logistics
With a lack of existing rendering capacity and high transportation costs, a new rendering plant in Mount Olive, North Carolina, made sense, Darling Ingredients CEO Randall C. Stuewe said.
Business & Markets
Smithfield to permanently close 35 hog farms in Missouri
Planned October closures will affect 92 employees in 3 locations.
Commodities
Producers expect corn harvest could be second largest ever
Domestic stockpiles will increase as exports lag with Brazil overtaking U.S. as top corn supplier.
International Trade
Global grain traders reduce activity in Russia
After attacking Ukrainian wheat exports, Russia faces own shipping challenges.
Business & Markets
Tyson Foods closing four poultry plants
The production from those four plants will be transferred to other Tyson facilities.
Commodities
Fall weather and year-end corn and soy yield forecasts [Video]
Prescient Weather’s CEO Dr. Jan Dutton on El Nino’s immediate and long-term impact on grain merchandising.
Business & Markets
Cargill reports record $177B revenue in Q2
Strong demand for food, animal feed and biofuel as well as global supply disruptions elevated second quarter profits.
International Trade
US offers to keep Russian food exports moving if grain deal restarts
U.S. Secretary of State Antony Blinken said the U.S. will do "whatever is necessary" to make sure all countries can export their food products safely in the Black Sea region.
Legal News
Seaboard says no more settling of collusion lawsuits
After offering a settlement in suit filed on behalf of direct purchasers, pork producer says it will defend any matters not resolved in that settlement agreement.
International Trade
Mexico: US will not cooperate on biotech corn studies
Mexican Deputy Agriculture Minister Victor Suarez said the U.S. denied a request to participate in new scientific studies with Mexico on genetically modified corn.
Sustainability in Feed Production
Circularity key for European feed sustainability
Circularity is a crucial part in the EU’s quest to make its food production more sustainable. And where better to start than animal feed, considered to be one of the largest contributors to the carbon impact of animal products?
Mergers & Acquisitions
Kalmbach Feeds acquires Ware Milling
The deal represents a strategic milestone in the growth of Kalmbach Feeds, fueled by its customers and growing demand for its top-quality nutrition products and services, the company said.
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