Page 35 - Eed Formulation News Today

Bunge has announced that it has reached 80% traceability and monitoring of soybeans from its indirect supply chain located in the Brazils Cerrado region, Yahoo! Finance reported.

European traders said South Koreas Major Feedmill Group has purchased about 138,000 tonnes of animal feed corn sourced from South America and optional origins in an international tender on February 7, Business Recorder reported.

Dutch poultry company Plukon has acquired a majority stake in its competitor JA Ter Maten, purchasing 51% of the competitors shares for an undisclosed sum, Just Food reported.

Bounty Agro Ventures, a poultry company from the Philippines, is exploring an initial public offering (IPO) that could raise between US$400 million to US$500 million, BusinessWorld reported.

The Rosario grains exchange (BCR) has slashed Argentinas 2022/23 soybean harvest estimate from 37 million tonnes to 34.5 million tonnes, which would mark the countrys lowest soybean production in the last 14 years, Nasdaq reported.

The Kuala Lumpur-Selangor Butchers Association has urged the Malaysian government to lift a ban on the shipment of swine from Perak state, in order to address the current domestic pork shortage, Free Malaysia Today reported.

Revised trade data released by the Brazilian government has showed that China became the main destination of Brazilian corn exports in January 2023 by volume, surpassing traditional importers like Japan, Iran, and Spain, Nasdaq reported.

The Qatar Fund for Development (QFFD) has signed a five-year, $13 million agreement with World Poultry Foundation (WPF) to expand its flagship programme, the African Poultry Multiplication Initiative (APMI), in The Gambia and Sierra Leone.

In a sweeping move to enhance rural development, Kampong Chhnang, Cambodia, has allocated 65 hectares of the state land in Kampong Leng district to establish an aquaculture center under the administration of the provincial Department of Agriculture, according to Kampong Chhnang provincial governor Sun Sovannarith.

San Miguel Corporation (SMC) is again looking into Negros Occidental, the Philippines, as among the areas in the country to invest in a ₱21 billion (US$384.1 million) feed mill and poultry related projects, said Govenor Eugenio Jose Lacson last month.