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Tuesday, October 11, 2022
Pilmico International sells 100% stake in Gold Coin Feed Mills Limited
Aboitiz Equity Ventures Inc. recently reported that its food subsidiary, Pilmico International, has exited Sri Lanka with the sale of its 100% stake in Gold Coin Feed Mills (Lanka) Limited (GCFL).
Friday, October 7, 2022
Norway exported US$10.4 million worth of seafood this year
The Norwegian Seafood Council said Norway has exported NOK 109 billion (~US$10.4 billion; NOK 10 = US$0.95) between January to September 2022, a new record and NOK 24.3 billion (~US$2.3 billion) or 29% higher compared to the same nine month ...
Friday, September 30, 2022
Brazil's biggest soybean processor secures US$80 million loan linked to sustainability
Julio Costa, chief executive of Brazil's biggest soybean processor, Caramuru Alimentos, has secured a US$80 million loan linked to the company's sustainability goals, with proceeds channeled towards investment in export and production of so ...
Thursday, September 29, 2022
Missouri, US university breaks ground for US$30 million expansion of veterinary lab
Ground has broken in Missouri, the United States, on a US$30 million renovation and expansion at the University of Missouri College of Veterinary Medicine's Veterinary Medical Diagnostic Laboratory.
Thursday, September 29, 2022
Smithfield Foods agrees to pay US$75 million in price-fixing settlement
Smithfield Foods has agreed to pay US$75 million to settle a consumer lawsuit that accused Smithfield foods and other major meat producers of price-fixing pork prices by restricting supply in the US$20 billion per year US pork sector, Reute ...
Thursday, September 29, 2022
More than 3 million cattle in Indonesia vaccinated against food-and-mouth disease
Indonesia's Task Force for FMD (food-and-mouth disease) Handling said 3,038,262 cattle in the country had received FMD vaccination as of September 25, Antara reported.
Wednesday, September 28, 2022
SalmonChile firms invested US$11.5 million in R&D projects in 2021
Salmon-producing businesses affiliated with SalmonChile invested US$11.5 million in projects and initiatives related to research, development, and innovation in 2021, which is 7.6 times more than the amount invested in similar projects and ...
Tuesday, September 27, 2022
Cargill inaugurates corn wet mill in Indonesia to meet growing needs in feed markets in Asia
Cargill inaugurated on September 8 its corn wet mill in Surabaya, Indonesia, in an effort to meet the growing demand in feed as well as starch and sweetener markets in Asia and Indonesia.
Thursday, September 22, 2022
JBS to pay US$20 million for US pork price inflation lawsuit
JBS has agreed to pay US$20 million to settle a lawsuit with US consumers that accused the giant meat producer of conspiring with other meat companies to inflate the price of pork.
Wednesday, September 21, 2022
Industrial insect producer Nutrition Technologies concludes $20 million equity round
Asia-based Nutrition Technologies, one of the first industrial insect companies in the region, has closed a $20 million equity round as it prepares to launch new insect-based feed and fertiliser products into new markets.
Tuesday, September 20, 2022
New $54 million pig feed mill in Cambodia to open next year
A pig feed mill in Cambodia, which received an investment from local agricultural conglomerate Mong Reththy Group to the tune of $54 million, is expected to be operational by end-February 2023, with an annual production capacity of "about 3 ...
Monday, September 19, 2022
US Farmers for Soil Health awarded US$95 million from USDA's climate-smart agriculture grant
The United States Department of Agriculture's Partnerships for Climate-Smart Commodities programme announced it will award Farmers for Soil Health (FSH) a US$95 million grant.
Monday, September 19, 2022
Brazil's grain production for 2021/22 harvest at estimated 271.2 million tonnes
Brazil has produced an estimated 271.2 million tonnes of grain in its 2021/22 harvest, an increase of almost 14.5 million tonnes.
Friday, September 16, 2022
Alaska receives US$49 million grant for aquaculture development
The Build Back Better programme funded by the American Rescue Plan has provided a US$49 million grant to Alaska state, US, to develop the state's aquaculture sector, Fish Information & Services reported.
Thursday, September 15, 2022
UK hit by biggest bird flu outbreak, 2.8 million birds killed
The UK government said it is coping with its biggest outbreak of bird flu, with 2.8 million poultry and captive birds killed in 2022 so far, The Independent reported.
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