Cargill halts Russian grain exports


Almunajem Foods post record super profits


WH Group shifts focus from pork to poultry


Brazil agriculture invites Chinese investment


How CMA CGM is dominating the container shipping industry


AB Agri

According to a union, workers at AB Agri’s feed mills in the UK will go on strike in April due to a dispute over pay. The strike is expected to involve over 150 mill workers. AB Agri is a company that produces animal feed and nutritional products.


Alltech is collaborating with the Dairy Farming Promotion Organisation of Thailand (DPO) to improve nutrition and sustainability in Thailand’s dairy industry. The partnership aims to enhance production efficiency, milk quality, animal welfare, and economic benefits in the country’s dairy sector. The collaboration will focus on developing management and nutrition strategies and guidelines to solve challenges and improve production efficiency. The two organizations will work together to provide farmers with appropriate knowledge and technologies for sustainable dairy and beef cattle production.


A recent investigation has discovered that CHS Inc, a grain-handling company based in the United States, has subjected its workers to several safety risks, resulting in penalties amounting to $531,000.


Evonik’s sustainability tech fund has acquired an undisclosed stake in Interface Polymers, a UK-based start-up. The young firm’s Polarfin di-block copolymer additive technology simplifies the processing of plastics and allows for easier recycling, potentially transforming the performance and cost competitiveness of polyolefin-based materials in applications including packaging, construction, agriculture and car production. The investment will help Evonik meet its sustainability goals and strengthen its technological expertise, said Bernhard Mohr, head of the German firm’s venture capital arm.

Royal DSM

Global science-based company, Royal DSM, has released audited results of its progress in tackling environmental and societal challenges in food production and consumption. DSM’s food system commitments are focused on making a positive impact in areas that align with UN Sustainable Development Goals 2, 3, 12 and 13. In its first year, DSM has made progress in closing the micronutrient gap for vulnerable populations, supporting immunity through vitamin solutions, and reducing on-farm livestock emissions. DSM aims to extend its impact by 2030 and has set measurable goals for the next decade.


Almunajem Foods

Saudi Arabian company Almunajem Foods reported a net profit after Zakat and tax of SAR 290.20 million in 2022, up 74.71% from the previous year. Revenues for the year were SAR 2.97 billion, up 15.58% YoY. However, net profits after Zakat and tax in Q4-22 fell by 63.26% to SAR 16.90 million compared to Q4-21, despite a 10.05% YoY rise in revenues to SAR 747.80 million. The company’s board proposed a cash dividend of SAR 60 million for H2-22, equivalent to 10% of the share nominal value. In the first nine months of 2022, the company earned SAR 273.30 million in net profit after Zakat and tax, up significantly from the same period in 2021.


BRF plant gains clearance to export to China Plant is located in Marau, in the Brazilian state of Rio Grande do Sul BRF`s poultry plant in Marau, Brazil, has grained clearance to export chicken products processed there to China. The company, in a notice to the market on its investor relations webpage, said the facility gained that clearance from the General Administrations of Customs China (GACC).

Cooke Aquaculture

Cooke Aquaculture’s Atlantic Canadian salmon farming division, Kelly Cove Salmon, has received the aquaculture regulations review report and recommendations from the Nova Scotia Department of Fisheries and Aquaculture. The company has been operating Atlantic salmon farm sites in Nova Scotia for 25 years and encourages the government to move forward on aquaculture development, stating that the demand for fresh, nutritious, affordable food has risen dramatically. Cooke believes that expansion of sites will be reasonable and adhere to strict regulations and environmental monitoring programs.

Dawn Meats

ActionZero, an Irish climate technology company, has partnered with Dawn Meats’ division Dunbia to eliminate fossil fuel usage at its processing facility in Wales. The deal, worth €3m per year, will reduce carbon emissions by at least 577 tonnes annually using ActionZero’s patented EscoPod heat pump system, aided by the UK government’s Industrial Energy Transformation Fund. The system provides high-temperature water without the use of fossil fuels, and is expected to reduce CO2 emissions by 58% and thermal system energy use by 67%.

HK Scan

HKScan will cut 45 jobs at a domestic poultry plant as it invests in automation at the site in an attempt to “improve profitability”. The company, which saw its CEO depart in September alongside a statement saying “urgent measures” were necessary to “improve the profitability of the core business and to strengthen the balance sheet”.


The Hormel Foods Corporation has announced that Ray Young, former vice-chairman and chief financial officer of the Archer-Daniels-Midland Company (ADM), and Mike Zechmeister, chief financial officer of C. H. Robinson Worldwide, have been elected to its board of directors, effective from 27 March 2023.

Koch Foods

A plan for Koch Foods to demolish the building and replace it with a new one is part of his $100 million proposal to create 100 new jobs, according to Butler County officials. It is not yet known when Koch Foods, with assistance from the Butler County Port Authority, will demolish the old Liberty Mutual insurance building on Seward Road. Last week, through a resolution, the Butler County Port Authority agreed to help Koch Foods demolish its former insurance building and build a 450,000-square-foot refrigeration and distribution facility.


MHP, the largest broiler meat producer in Ukraine, has developed an AI-based solution to gather and analyze data from poultry houses in order to improve production processes. Called Smart Technologist Assistant or “a virtual zootechnician”, the virtual assistant uses deep learning algorithms and artificial intelligence to improve technical indicators like equipment performance, staff work quality, and product quality. The solution has already helped improve uniformity of chickens, weight prediction accuracy, and mortality rate. Additionally, the assistant aims to measure the mood in poultry houses to identify and eliminate factors that cause concerns among the flocks. The system gathers data primarily from video surveillance and notices small details that not every employee would typically pay attention to.

Moy Park

Northern Ireland-based food company Moy Park has announced 150 new permanent job openings at its Ballymena facility, across a range of functions including production, engineering and food safety, to meet seasonal demand this summer. Moy Park’s General Manager, Chris Weir, said that the local community and surrounding areas would benefit from the increased employment and growth opportunities.

Mowi Seafood

Target has issued a recall of seven refrigerated seafood products from Mowi due to concerns that some of the items may have been labeled with incorrect expiration dates. This recall comes ahead of a larger launch of Mowi’s skin-pack products in the spring at the US retailer. Mowi, a major player in farmed salmon based in Norway, is affected by this recall.


Perdue Foods LLC submitted a petition to the US Department of Agriculture`s Food Safety and Inspection Service (FSIS) to clarify the difference between “free-range” and “pasture-raised” production claims for meat and poultry products. The poultry company asked in its petition to amend labeling compliance under the Poultry Products Inspection Act to remove any product that is “pasture-raised” that would be considered synonymous with “free range. ”


Pilgrim’s UK, along with Waitrose and Co-op, has released the first-ever human rights impact assessment (HRIA) for their pork and lamb supply chains. The report aims to strengthen the supply chain by providing details on the impact the companies have on farmers, workers, and other stakeholders. The assessment covers the period from October 2021 to February 2022 and includes key findings such as farmers losing money due to financial penalties, production costs increasing, differential treatment for migrant workers, and irregular and excessive working hours for farmers. The report aims to promote a transparent and ethical supply chain and raise awareness of workers’ rights.


The Norwegian government has proposed a resource rent tax on aquaculture, which must be approved by Parliament before summer. SalMar has opposed the proposed tax, stating that it assumes the salmon industry generates excessive returns compared to the risk involved, which is not accurate, and the proposal should be set aside.


Smithfield Foods has appointed Isham “Jay” Bennett as its chief human resources officer, reporting to the CEO, Shane Smith. Bennett will be responsible for developing and executing Smithfield’s HR strategy and overseeing the company’s diversity, equity, and inclusion programs. He has previously held HR leadership roles at Lockheed Martin Corp. and Rolls-Royce plc. Additionally, Tennille Checkovich has been promoted to general counsel.


Burford Capital has provided Sysco with $140 million in a lawsuit against pork and poultry producers. Burford, who provided Sysco with $140 million in antitrust lawsuits against pig and poultry producers, has been embroiled in a public dispute with the company. Sysco recently sued the lawsuit funders, alleging that Burford blocked at least two of his settlements and prevented the companies from hiring new attorneys. JBS and Smithfield told the Minnesota federal court that they were concerned Burford could take full control of the case by declaring ‘‘corrective action.

Trident Seafoods

Trident Seafoods and Channel Fish Processing have been awarded a nearly $2 million contract by the US Department of Agriculture for US pollock, along with an additional $885,000 in contracts for catfish. Both companies emerged as the main winners from the contract bidding process, with Channel Fish Processing based in Braintree, Massachusetts, and Trident Seafoods headquartered in Seattle, Washington.

WH Group

Chinese pork processing company, WH Group, has reported a 30% increase in poultry processing last year, as it expands into other meats to improve competitiveness and reduce costs. The company’s annual profit rose by 34.3% to $1.4bn, and revenue increased by 3.1% to $28.14bn. WH Group is aiming to diversify further and has processed 240 million chickens, geese and turkeys in Europe and China in 2022. To maximise profitability amid economic uncertainty, the company is focusing on operational efficiency, product mix adjustment and cost control.


Dairy Farmers of America

Dairy Farmers of America (DFA) has partnered with Good Culture to launch a lactose-free, long-life fluid milk in the US market. The product contains probiotics, making it a functional milk that combines the nutritional benefits of dairy with microbiome-boosting properties. DFA claims that it is the first such product available in the US market. The product aims to provide an affordable alternative to kefir and kombucha.


FrieslandCampina Ingredients has opened a new lactoferrin production facility in Veghel, The Netherlands. The new facility will increase the company’s total capacity to 80 metric tons per year and features new machinery that ensures quality and purity of the lactoferrin. The plant will run on 100% green electricity generated by the company’s member farms and will reuse water and salt residues produced during the manufacturing process to reduce waste.


Hochwald, a German dairy co-operative, has received approval from the German Bundeskartellamt to acquire the Tuffi brand from Müller, along with the licence to produce and sell rice pudding under the Landliebe brand. The move follows Müller being required to sell two brands as part of its acquisition of a portion of FrieslandCampina’s German assets due to competition regulations.

Leprino Foods

Leprino Foods has signed a non-binding agreement to acquire full ownership of Glanbia Cheese, which includes Glanbia Cheese UK and Glanbia Cheese EU. The agreement is expected to result in an initial cash consideration of over €160 million, with additional contingent consideration of up to €25 million over the next three years based on business performance.


Nestlé CEO, Mark Schneider, has said that the company will review its banking relationships following the planned takeover of Credit Suisse by UBS. The food and beverage giant has been a client of Credit Suisse and Schneider stated that Nestlé will now consider how to reorganise its banking relationships, both with Swiss and international providers. Schneider also praised the Swiss government, the central bank, and financial market regulator for intervening to engineer the merger and restore confidence following the collapse of Credit Suisse.


Norco Co-operative, an Australian dairy company, has launched pea- and oat-based drinks, called P2 Pea Protein Mylk and Oat Mylk, in Woolworths stores in Queensland, Victoria, and New South Wales. The company aims to provide an alternative to milk without compromising on nutrition or taste. The products are priced at AUD5.50 (US$3.67).


Americold Realty Trust

Americold Realty Trust has acquired a 49% stake in the RSA Cold Chain in Dubai for $3.9 million. The partnership will enable Americold to expand its operations in the Middle East and India, with RSA Cold Chain providing a scalable operating platform. RSA Cold Chain is a subsidiary of RSA Global and an established cold storage operator in Dubai. Americold plans to expand locally, connect RSA to its global network and pursue strategic development opportunities in the Middle East and surrounding markets.


Vincent Clerc, the new CEO of AP Møller-Maersk, spoke during his visit to China about the country’s economic rebound, which he said has been weaker than expected due to pandemic-led disruptions and a real estate meltdown. However, he pointed out that despite China’s modest growth target of 5% this year, trading volumes associated with the Chinese economy have remained resilient, and there has been little impact from US-led efforts to “decouple” from China. Clerc also expressed plans to strengthen Maersk’s investment in China and signed a new green energy partnership in Shanghai.

Union representatives from the International Transport Workers’ Federation (ITF) submitted complaints about Maersk’s treatment of workers to the company’s Copenhagen headquarters. The ITF alleged that Maersk was breaking its own values and that employees, including seafarers, dockers, tug and towage workers, and logistics workers, were affected. Complaints included attempts to cut pay rates, engaging subcontractors to undermine wages and conditions, workplace deaths, and a refusal to engage in collective bargaining with unions. Maersk said that it was unable to organise an in-person meeting due to an internal restructuring process.


Japanese shipping company Ocean Network Express (ONE) has acquired a 28.7% stake in non-operating containership owner Seaspan Corp, as part of a $10.9bn deal with Atlas Corp. The purchase makes ONE a joint-owner of the world’s largest non-operating containership owner, which has a fleet of 137 vessels with a total capacity of 1.25 million twenty-foot equivalent units (TEU). Seaspan, which leases its ships to liner operators on long-term charters, is also said to have 57 ships on order, with a total capacity of 690,000 TEU. Trading of Seaspan’s common shares on the New York Stock Exchange has been suspended.

Read: How CMA CGM is dominating the container shipping industry

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