Tag: Economics/industry profitability/forecasts: Page 9

Animal Feed Manufacturers

Lantmännen finalizes acquisition despite poor 2018 harvests

While its bottom line in 2018 was hit by a prolonged drought, Sweden-based grain company, Lantmännen has completed the acquisition of a specialty oat mill and manufacturing plant from British sugar concern, Tate and Lyle.

April 9, 2019

Feed Production by Region

Ghana’s aquaculture industry needs strategic thinking to grow

With a series of only partially successful past initiatives to expand fish farming in the Ghana, one stakeholder is calling for strategic thinking to promote aquaculture in the West African country.

March 29, 2019

African Swine Fever

Cargill could invest $1B in Latin America over 5 years

Cargill Inc. Chairman and CEO David MacLennan said the company could invest up to $1 billion in Latin America over the next five years, according to a Reuters report.

March 28, 2019

Animal Feed Manufacturing

ADM expects Midwest flooding to negatively affect profit

As parts of the Midwest cope with flooding from melting snow and heavy rains, Illinois-based commodity trader Archer Daniels Midland Co. (ADM) said its first quarter results are likely to be negatively affected by weather woes.

March 26, 2019

Feed Production by Region

Second poor harvest for Finland’s farmers

Grain and grass production in Finland were hit by adverse climatic conditions for a second successive year in 2018.

March 20, 2019

Feed Production by Region

Brunei ministry calls for aquaculture investors

With an eye on the opportunities offered by the further development of the aquaculture sector, the government of the Southeast Asian island nation of Brunei Darussalam is hoping to attract new investors.

March 20, 2019

African Swine Fever

WH Group profit drops 4 percent in 2018

Citing challenges with the global trade situation and African swine fever (ASF) outbreaks, China’s WH Group reported a 4 percent drop in profit, but a 1 percent increase in revenue for 2018.

March 19, 2019

Feed Production by Region

Tough market conditions hit Olam Group’s bottom line

Despite higher sales volume and revenue in 2018 compared with the previous year, Olam Group’s CEO says the company’s performance was below expectations.

March 8, 2019

African Swine Fever

New Hope Group not seeing negative effects of ASF

Although African swine fever (ASF) has been spreading throughout China since last summer, New Hope Group, which owns China’s largest animal feed producer New Hope Liuhe, says it is not suffering negative effects from disease outbreak.

March 5, 2019

Business & Markets

Land O’Lakes earnings down 30 percent in 2018

Land O’Lakes Inc. reported net sales of $14.9 billion and net earnings of $255 million for the year ending December 31, 2018, compared with net sales of $13.7 billion and net earnings of $365 million in 2017.

February 28, 2019

Business & Markets

Darling Ingredients results hurt by trade disputes, fat prices

Darling Ingredients Inc. saw revenue of $853.1 million for the fourth quarter of 2018 (compared with $952.5 million for the same period in 2017) and consolidated revenue of $3.4 billion for the full year (compared with net sales of $3.7 million for the fiscal year ended 2017).

February 28, 2019

Feed Production by Region

Vietnam aims for record seafood exports

In 2018, Vietnam failed to reach its target of US$10.5 billion for fish and seafood exports, but the country’s fisheries department is forecasting this figure will be reached this year.

February 21, 2019