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Business & Markets: Page 6
Business & Markets
Seaboard pork sales down due to lower hog volume
Seaboard said this was primarily due to availability of hogs and timing of deliveries to the processing plants, which decreased sales.
Brand Insights
5 Ways to Prepare your Facility for AI Implementation
Easy Automation, Inc.
Learn five key areas to target when laying the groundwork for a potential AI implementation at your facility. Brand Insights from Easy Automation, Inc.
Regulatory Updates
Bipartisan bill would allow states to regulate processing, sale of local meat
The Processing Revival and Intrastate Meat Exemption (PRIME) Act would give individual states the freedom to permit intrastate distribution of custom-slaughtered meat such as beef, pork, goat or lamb to consumers, restaurants, hotels, boarding houses and grocery stores.
Mergers & Acquisitions
Cargill to acquire Mig-Plus, expanding animal nutrition business in Brazil
Cargill has made a binding offer to acquire 100% of the operations of Mig-Plus, a family-owned Brazilian company specializing in animal nutrition solutions for multiple species, primarily swine and ruminants, with a product portfolio that includes premixes, feed concentrates and complete feeds.
Regulatory Updates
Bill would exempt livestock haulers from hours-of-service rules
Legislation introduced in the U.S. House of Representatives would permanently exempt livestock, insect and aquatic animal haulers from federal hours-of-service (HOS) regulations.
Legal News
Dairy cooperatives settle milk price-fixing lawsuit
Cooperatives Dairy Farmers of America and Select Milk Producers will pay a combined US$34.4 million to resolve a class action price-fixing lawsuit.
Regulatory Updates
Save Our Bacon Act aims to counteract Proposition 12
Introduced by Iowa Rep. Ashley Hinson on July 23, the Save Our Bacon Act “would alleviate this overregulation by prohibiting state and local governments from interfering with the production of livestock in other states.”
Company News
Skretting Norway names Mads Martinsen as its new CEO
Mads Martinsen has been appointed CEO of Skretting Norway, after Håvard Walde became Skretting’s new managing director for the salmon business in Australia, Chile, North America and Norway.
Mergers & Acquisitions
Wayne-Sanderson Farms acquires Harrison Poultry
The transaction is effective immediately and Wayne-Sanderson Farms expects minimal changes to day-to-day operations.
Animal Welfare
Pork state legislators say Proposition 12 harms pigs
House Agriculture Committee hears how the California law was 'drafted by people who have no experience' in working with livestock.
Legal News
Former feed company executive charged in alleged bribery scheme
The former chief operating officer (COO) of a Singapore-based animal feed company has been charged in an alleged bribery scheme.
International Trade
Australia lifts import restrictions on US beef
Australia has agreed to lift import restrictions on beef from the U.S. that have been in effect since a 2003 outbreak of bovine spongiform encephalopathy (BSE).
Business & Markets
Canada, Manitoba governments offer drought support to livestock producers
The governments of Canada and Manitoba have announced support measures to aid Manitoba’s livestock producers affected by drought conditions.
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