Business & Markets: Page 7

Mergers & Acquisitions

Wenger Group completes acquisition of Plainville Farms

Pennsylvania officials supported the transaction with a financing package that includes a $5 million loan and a $1 million Pennsylvania First grant.

Company News

ADM plans oilseed crush capacity expansion

The company will invest in four U.S. facilities to meet growing biofuel demand, adding capacity equal to more than 25 million bushels annually.

Business & Markets

Neogen posts strongest food safety unit growth since 2023 in Q4

As a whole, the company reported a net loss of $11.3 million during the quarter.

Business & Markets

Darling Ingredients reports strong Q2 results

Net income climbs to $387.3 million as EBITDA more than doubles.

Business & Markets

Pilgrim's Pride profit falls as chicken commodity prices drop

Prepared Foods and international growth offset some of the decline.

Business & Markets

Bunge raises earnings outlook after strong Q2

The agribusiness company posted adjusted earnings of $2.00 per share, up from $1.31 in the prior year.

Animal Feed Manufacturers

ABN to withdraw from poultry, pig feed production

One of Great Britain’s leading monogastric feed companies, ABN, has announced it will exit the sector.

Business & Markets

Protein's moment: What it means for chicken

Consumer interest in high-protein diets reflects decades of nutrition science converging with updated USDA guidance. Chicken is well-positioned to meet this demand.

Animal Feed Additives & Ingredients

Sweden to support farming, aquaculture firms over rising costs

Approval has been granted for the Swedish authorities to financially support firms facing spiraling prices as a result of the geopolitical situation in the Middle East.

Business & Markets

Supply and demand imbalances create risk and opportunity for chicken industry

Animal protein markets are being pulled in multiple directions by tight red meat supplies, persistent disease threats, an uneven consumer and a shifting trade landscape, according to one speaker at Chicken Marketing Summit.

Company News

Hormel Foods names John Ghingo next CEO

Company president will succeed interim CEO Jeff Ettinger at fiscal year-end following a deliberate leadership transition.

Animal Feed Regulations & Safety

Animal feed fraud punished in Bangladesh

A fine has been issued to a company producing and selling feed fraudulently.

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