Archive for 2015

Cargill’s Mexican facility to produce aquaculture feed

TEHUACAN, PUEBLA, MEXICO — As part of the celebrations for its 150th global anniversary and 50 years of operations in Mexico, Cargill Mexico inaugurated the expansion of its animal feed facility on Feb. 24.

The expansion is the result of a $7.8 million investment, said Gerardo Quintero, managing director of Cargill’s Feed & Nutrition business for Mexico and Central America.

At the event, which was attended by the Ministry of Agriculture, Livestock, Rural Development, Fishery and Feed, Enrique Martínez y Martínez; the ...

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Buhler names new leader for Grain Technology Center

UZWIL, SWITZERLAND — Bühler announced in February that Rudolf Hofer has taken over management of its Grain Technology Center (GTC) in Uzwil, Switzerland.

He is in charge of the seven-person team at the center, focused on the development and testing of industrial processes for grains and pulses. Hofer took over from Uwe Schill at the beginning of 2015.

With the hiring of Hofer, this is the first time the facility will not be managed by a head miller.

Hofer describes himself as a ...

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CHS soy ingredients certified non-GMO

ST. PAUL, MINNESOTA, U.S. — CHS Inc. announced on Feb. 24 that a variety of its soy ingredients have been verified as non-GMO (genetically-modified organisms) by the Non-GMO Project.

The non-profit organization is committed to preserving and building sources of non-GMO products.

CHS offers a complete line of soy ingredients available as both GMO and non-GMO. The CHS products that have earned non-GMO verification include: CHS soybean salad oil, CHS crude soybean oil, CHS soybean meal, Honeysoy soy flour, and Honeysoy soy ...

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China continues to import rice at a record pace

WASHINGTON, D.C., U.S. — Rice imports by China are expected to set a new record in 2015, surpassing 2014 levels by 200,000 tonnes and marking the fourth consecutive year of record imports, the U.S. Department of Agriculture’s Economic Research Service said on Feb. 23.

Rice imports surged in 2012 to more than seven times the average of the previous five years, and continued to grow each year thereafter. China remains the world’s largest rice producer and consumer, and has been largely ...

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CBH to add solar generators to grain facilities

WEST PERTH, AUSTRALIA — The CBH Group said on Feb. 24 that it has entered into a supply contract with Perth, Australia, clean energy company EMC to engineer, procure and construct three large solar power generators at their grain handling and workshop facilities at Bibra Lake, Geraldton and Forrestfield.

The total investment exceeds A$1 million and is likely the largest single non-grant or subsidy supported investment in distributed solar generation business sites in Western Australia.

“We are delighted to have been awarded ...

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Cargill completes upgrades at South African feed facility

PIETERMARITZBURG, SOUTH AFRICA — Driven by an increase in demand from customers throughout the region for animal feed products, Cargill said on Feb. 23 that it has completed a $12.5 million expansion of its premix facility in Pietermaritzburg, South Africa.

The expansion includes new equipment, technology and resources to increase the plant’s efficiency and improve product quality. Cargill said this investment demonstrates its commitment to an animal production market in sub-Saharan Africa that is experiencing significant growth.

The facility produces poultry, ruminant, ...

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CFIA confirms BSE case related to feed

OTTAWA, ONTARIO, CANADA — A confirmed case of bovine spongiform encephalopathy (BSE) is feed-related, the Canadian Food Inspection Agency (CFIA) reported on Feb. 20. But the affected cow was born in March 2009 — almost two years after Canada implemented an enhanced feed ban to block the spread of the disease.

The agency said its investigation will focus on a review of on-farm animal and feed records to verify other animals at risk of developing BSE. Canada introduced the enhanced feed ...

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ADM named ‘Most Admired Food Production Company’

CHICAGO, ILLINOIS, U.S. — Archer Daniels Midland Company (ADM) said on Feb. 20 that it was ranked the world’s most admired company in the food production industry by Fortune magazine for 2015. Considered the definitive report card on corporate reputation, Fortune magazine’s annual list of the “World’s Most Admired Companies” ranks companies in a number of major industries.

“We are proud to be acknowledged by our peers for our leadership in the food production industry,” said ADM Chief Executive Officer Juan ...

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ADM CEO confident in trends underpinning company’s strategy

BOCA RATON, FLORIDA, U.S. — In his first CAGNY address as chief executive officer of the Archer Daniels Midland Co. (ADM), Juan Luciano said ADM must confidently attach itself to high probability trends to ensure long-term growth.

Luciano, who became CEO of ADM Jan. 1, spoke about the company’s structure and prospects for long-term growth in a presentation to the Consumer Analysts Group of New York annual conference Feb. 17 at the Boca Raton Resort and Club in Florida, U.S.

A challenge ...

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Analysts weigh in on Tate & Lyle as takeover target

VANCOUVER, BRITISH COLUMBIA, CANADA — Could Tate & Lyle be a takeover target for Bunge Ltd.? According to analysts with Canaccord Genuity, a potential bid from Bunge is now “substantially greater” given Tate & Lyle’s “lowered valuation, a strong U.S. dollar, low interest rates, a good strategic fit and shareholder dissatisfaction with Tate.”

In a research note e-mailed to clients on Feb. 16, Canaccord Genuity analysts Alicia Forry and Eddy Hargreaves said Tate & Lyle would provide greater exposure to value-added ...

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