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Friday, October 23, 2020
Cargill Philippines reaffirms 5-year, US$260-million investment pledge
In the face of the COVID-19 pandemic, Cargill Philippines is bent on fulfilling its P12.5-billion (~US$260 million; P1 = US$0.021) investment commitment in the country, which it first announced in 2018, Manila Bulletin reported.
Thursday, October 22, 2020
US researchers investigate broiler response to multiple phytases
USPOULTRY and the USPOULTRY Foundation have announced the completion of a funded research project at Mississippi State University in which researchers investigated broiler response when fed phytase enzymes.
Wednesday, October 21, 2020
US analysts say bacon shortage doubtful despite record low U.S. pork belly inventories
Industry analysts in the United States said more pork belly supplies will be available, even after US Department of Agriculture (USDA) data showed a second straight month of record low US pork belly stocks in January, Reuters reported.
Tuesday, October 20, 2020
Israeli startup gets US$20 million investment for mastitis treatment technology
NovaQuest Capital Management LLC, an investor in life sciences and healthcare, said on October 19 it has invested US$20 million in Israeli biopharmaceutical firm Mileutis Ltd. to develop a product that aims to cut antibiotic use in mastitis ...
Monday, October 19, 2020
Cargill partners with BinSentry to help animal producers, feed mills track feed inventory
To make feed bin monitoring safer and more efficient for animal producers and feed mills, Cargill is now an exclusive distributor of BinSentry, an easy-to-install feed management solution that accurately tracks feed inventory.
Friday, October 16, 2020
Thailand's Wangnamyen strengthens dairy investment
Wangnamyen Dairy Cooperative, owner of Wangnamyen and Q-Life brands, strengthened its investment in preparation for higher competition of imported products from Australia and New Zealand, with tariffs on dairy products under the Thailand-Au ...
Friday, October 16, 2020
Uganda invests in $40M livestock infra buildup
The Ugandan government has embarked on a livestock infrastructure buildup program worth 140 billion Ugandan shilling (almost US$40 million).
Monday, October 12, 2020
Evonik responds to termination of methionine anti-dumping investigation by China
Evonik has restated its commitment to China following the Chinese Ministry of Commerce' (MOFCOM) decision to close its anti-dumping investigation of the company concerning imports of methionine originating from Singapore, Malaysia and Japan ...
Monday, October 12, 2020
Canadian salmon farmers to invest in support of British Columbia aquaculture post-COVID-19
Salmon farmers in British Columbia, Canada, plan to invest $113 million in aquaculture projects and create close to 450 new jobs as they seek to support the province in its post-COVID-19 recovery.
Monday, October 5, 2020
FrieslandCampina members' council appoints new board member, approves investment in Indonesia
On September 30, the members' council of Zuivelcoöperatie FrieslandCampina UA decided on several proposals, as the board and management updated the council on developments within the cooperative, the company and the markets in which Fr ...
Monday, October 5, 2020
Shiok Meats investor unsettled by founder's dubious claims about shrimp farms
A misleading claim made early this year by the founder of Singapore-based Shiok Meats -- which develops lab-cultured shrimp cells as a substitute for natural shrimp meat -- has provoked a strong response from Aqua-Spark, the lead investor i ...
Thursday, October 1, 2020
Thai Union to invest in four food tech companies
Thai Union Group PCL has announced four new investments in the food tech space through its recently created venture fund, which focuses on alternative protein, functional nutrition and value chain technology start-ups.
Tuesday, September 29, 2020
USDA: US hog inventory up 1%
The US Department of Agriculture's National Agricultural Statistics Service (NASS) has reported that there were 79.1 million hogs and pigs on US farms as of September 1, 2020, up 1% from September 2019, but down 1% from June 1, 2020, accord ...
Sunday, September 27, 2020
Cargill, Walmart, McDonald's invest $6M to help restore grasslands
Cargill, Walmart Foundation and McDonald's are investing over US$6 million in an initiative led by World Wildlife Fund (WWF) that aims to make lasting improvements to the grasslands of the Northern Great Plains, which spans more than 180 mi ...
Wednesday, September 23, 2020
Indian dairy company Kwality under investigation for suspected US$190 million fraud
India's federal police said Kwality Ltd, a India-based dairy company, is under investigation for allegedly cheating a consortium of banks of about US$190 million, Reuters reported.
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