The Daily Feed - Your Source for Animal Protein Industry News
Inghams Poultry
Inghams Poultry's Queensland operations are showcased in a new online content series titled "Farm to Fork with Manu," which highlights the company's farms and the Murarrie Primary Processing Plant. This initiative aims to provide insights into the poultry farming industry and its processes.
Pilgrim's Pride
Pilgrim's Pride Corporation, trading under the ticker PPC, has shown robust financial performance with a 1.6% increase in stock price, reaching $40.10 in a recent trading session. The company's net margin stood at 2.80%, and it reported a return on equity of 17.35%, reflecting strong operational efficiency.
Ler?y Seafood Group
Ler?y Seafood Group, a leading Norwegian fish farming company, recently announced a strategic investment in the US biotech company Salmonics. This move underscores Ler?y's commitment to expanding its technological capabilities and enhancing its fish farming operations.
Mowi
Mowi, a major player in the aquaculture industry, faced a legal setback when the High Court rejected its aquaculture licence for salmon farming in Ireland. This decision concluded a 12-year legal battle and impacted Mowi's expansion plans in the region.
Sanderson Farms
Sanderson Farms, known for its charitable contributions, recently donated $1.2 million to a children's hospital through its golf tournament. This philanthropic effort highlights the company's commitment to supporting community health initiatives.
Lamb Weston
Lamb Weston Holdings Inc. experienced a significant decline in its stock price, dropping 16% due to disappointing fourth-quarter earnings. The company reported a substantial miss in profit and revenue expectations, which negatively impacted investor confidence.
Marine Harvest
Marine Harvest, a key supplier of salmon feed, is adapting to challenges posed by climate change, which threatens the supply of marine ingredients. The company emphasizes the importance of sustainable practices to mitigate these risks and ensure long-term operational stability.
Tyson Foods
Tyson Foods' venture capital arm, Tyson Ventures, hosted its third annual pitch event to showcase innovative supply chain solutions. This initiative reflects Tyson's focus on leveraging technology to enhance its operational efficiency and competitiveness in the market.
Nutreco
Nutreco, a leader in animal nutrition and aquafeed, is projected to achieve a 3.7% compound annual growth rate in the warm water aquaculture feed market by 2026. This growth is driven by increasing demand for sustainable and efficient feed solutions in the aquaculture industry.
Vion Food Group
Vion Food Group, alongside Danish Crown and Litera Meat, is under investigation by China for alleged anti-dumping activities involving European pork producers. This investigation highlights the global scrutiny on trade practices and market competition within the meat industry.
Koch Foods
Koch Foods reached an undisclosed settlement with consumer plaintiffs over allegations of chicken price-fixing. This settlement concludes a high-profile legal case that has significant implications for the poultry industry's pricing strategies and market regulations.
Dongwon Industries
Dongwon Industries, renowned for its canned tuna products, has been praised for its unique offerings, such as tuna with hot pepper sauce. This product differentiation has helped Dongwon maintain a competitive edge in the canned seafood market.
Cooke Aquaculture
Cooke Aquaculture is advancing its research capabilities with the development of a new aquaculture research facility at the University of Maine. This initiative aims to enhance sustainable fish farming practices and support the industry's growth through scientific innovation.
Lactalis
Lactalis Canada has expressed confidence in the Grocery Code of Conduct, which aims to foster collaboration across the grocery sector. The company believes this code will benefit farmers, manufacturers, and retailers by promoting fair and transparent business practices.
Seaboard Corporation
Seaboard Corporation operates as a diversified agribusiness and ocean transportation company. The firm's global operations span various sectors, including agriculture and logistics, contributing to its robust financial performance and market presence.
High Liner Foods
High Liner Foods, a major processor and marketer of value-added frozen seafood, reported its second-quarter earnings for 2024. The company's focus on delivering high-quality seafood products has solidified its position in the North American market.
Hilton Food Group
Hilton Food Group is expanding its operations by diversifying into seafood and vegetarian products, moving beyond its traditional meat business. The company recently completed the construction of a new factory in the UK and extended its Zandaam plant.
Land O’Lakes
Land O’Lakes, a prominent player in the dairy industry, engages in various community activities, such as hosting pig roast fundraisers and promoting local authors. These initiatives reflect the company's commitment to supporting local communities and fostering a sense of community engagement.
JBS Foods
JBS Foods has directed 1.2 million tonnes of animal waste toward renewable fuels over the past two years. This initiative is part of the company's broader sustainability efforts to reduce environmental impact and promote renewable energy sources.
Perdue Farms
Perdue Farms, in collaboration with the National Chicken Council, is advocating for a delay in the comment period on proposed changes to chicken industry regulations. The company's CEO, Kevin Perdue, has been vocal about the need for thorough consideration of these regulatory adjustments.
Danone
Danone is partnering with Microsoft to launch the Danone Microsoft AI Academy, aimed at upskilling its employees in artificial intelligence. This collaboration underscores Danone's commitment to integrating advanced technologies into its operations to drive efficiency and innovation.
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Arla Foods
Arla Foods has appointed Mediahub as its strategic media partner in New Zealand, extending their partnership across the Tasman. This collaboration aims to enhance Arla's marketing efforts and strengthen its brand presence in the region.
BRF Foods
BRF Foods has been upgraded to a "Strong-Buy" rating by StockNews.com, reflecting investor confidence in the company's growth prospects. This positive outlook is attributed to BRF's strategic initiatives and robust financial performance.
Louis Dreyfus Company
Louis Dreyfus Company (LDC) is actively involved in sustainable agricultural practices and innovation. The company's head of sustainability and innovation, Bill Ballenden, was recently appointed as a co-chair of the Better Cotton Council, highlighting LDC's leadership in promoting sustainable cotton farming.
Hormel Foods
Hormel Foods has seen a rise in its stock price, outperforming the market. This performance is driven by the company's strong operational strategies and its ability to adapt to changing market conditions.
Balchem
Balchem continues to innovate in the field of nutrition and health, providing solutions that improve the quality of life for people and animals. The company's commitment to research and development has positioned it as a leader in the industry.
WH Group
WH Group, a leading global pork company, focuses on sustainable practices and international expansion. The company's strategic acquisitions and investments have strengthened its market position and operational capabilities.
Saputo
Saputo is undergoing significant restructuring, including the closure of six US facilities, as part of its efforts to optimize operations and improve efficiency. These changes are expected to enhance the company's long-term profitability and market competitiveness.
Yili Group
Yili Group, a major dairy producer in China, continues to expand its product offerings and market reach. The company's focus on quality and innovation has helped it maintain a strong presence in the competitive dairy industry.
Maruha Nichiro Corporation
Maruha Nichiro Corporation is committed to sustainable seafood practices and advancing its aquaculture operations. The company's initiatives aim to ensure the long-term viability of marine resources and meet the growing demand for seafood products.
Fonterra
Fonterra, a leading dairy cooperative, focuses on delivering high-quality dairy products and expanding its global footprint. The company's strategic investments and partnerships have reinforced its position as a key player in the dairy industry.
Thai Union Group
Thai Union Group is enhancing its global operations by investing in sustainable practices and innovative seafood products. The company's efforts to improve sustainability have earned it recognition as a leader in the seafood industry.
Conagra Brands
Conagra Brands is committed to driving growth through innovation and strategic acquisitions. The company's focus on expanding its product portfolio and enhancing operational efficiency has contributed to its strong market performance.
Friesland Campina
Friesland Campina, a Dutch dairy cooperative, is known for its high-quality dairy products and commitment to sustainability. The company's efforts to reduce its environmental footprint and promote responsible dairy farming practices have set industry standards.
Dawn Meats
Dawn Meats is investing in new technologies and sustainable practices to enhance its meat processing operations. The company's focus on innovation and quality has positioned it as a leader in the European meat industry.
Huon Aquaculture
Huon Aquaculture is advancing its fish farming operations through sustainable practices and technological innovation. The company's initiatives aim to improve the efficiency and environmental impact of its aquaculture activities.
ABP Food
ABP Food Group is focused on expanding its meat processing operations and enhancing sustainability. The company's investments in new facilities and technologies reflect its commitment to quality and environmental responsibility.
Dairy Farmers of America
Dairy Farmers of America (DFA) has launched a social media and digital campaign to showcase dairy as sustainable and beneficial for the environment. This initiative aims to counter negative perceptions and highlight the positive impact of dairy farming practices.
Cranswick Farm
Cranswick, a leading food producer, has filed planning applications for significant expansion of its chicken farm in Norfolk. This expansion aims to increase production capacity and support the company's growth objectives.
Foster Farms
Foster Farms is featured in a video design analysis by DesignRush, highlighting its marketing efforts and brand presence. The company's focus on innovative marketing strategies has helped it maintain a competitive edge in the poultry industry.
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