News & Analysis on the Global Animal Feed and Pet Food Industries
The Wall Street Journal (WSJ) recently reported that the world’s largest food and beverage company, Nestlé, has stopped buying Cargill’s Brazilian soy because of concerns about the link to deforestation.
Feed crop producers in Argentina increased forward sales of some oilseed based feed ingredients in the last quarter of 2019 in anticipation of a change in export taxes.
Global demand for protein following the African Swine Fever (ASF) outbreaks and increasing sales in aquafeed helped boost Cargill’s second quarter returns.