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News and analysis on the global poultry
and animal feed industries.

Livestock Feed Manufacturing

Poultry industry can grow amid tough times

Economist tells IPPE visitors opportunities are plentiful
The poultry industry has done well to sustain itself while saddled with low grain supplies, high feed costs and a global recession, but it still hasn’t tapped its full potential, said FarmEcon president Thomas Elam.
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Forecast shows retail food price hike of 3 to 4 percent

Drought and cost of animal feed largely responsible for higher prices
The U.S. Department of Agriculture’s forecast for retail food prices indicated an inflation rate from three to four percent, according to a report released January 25.
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Corn shortage prompts ethanol plant to suspend production

Downtime will be used to work on plant upgrade
An ethanol plant in Macon, Mo., is suspending production February 1 because the extended drought has made it almost impossible to get enough corn to make the fuel, a plant spokesman said January 25.
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Rapeseed meal in pig, poultry feeds

Rapeseed meal is an unavoidable byproduct of the biofuel industry that is recycled through animal feed, but not without having to address some unique problems.
Rapeseed meal is becoming for Europe what DDGS has become for the United States: an unavoidable byproduct of the biofuel industry that must be recycled through animal feed. And, like DDGS, rapeseed meal is not without its own unique challenges that with proper control can reduce its attractiveness as a replacement of soybean meal.
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Commodities Futures Trading Commission member resigns

Commissioner intends to depart after first quarter of 2013
Jill Sommers announced on January 24 her resignation from the five-member Commodity Futures Trading Commission, the top U.S. derivatives regulator. Sommers did not give a reason for leaving.
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DuPont reports drop in quarterly earnings

Agriculture unit led company's performance
DuPont saw a sharp drop in its fourth-quarter income, yet still beat the consensus estimate of Wall Street analysts of 7 cents per share on revenue of $7.2 billion. The chemical and biosciences company reported January 22 that its net income fell to $111 million, or 12 cents per share, for the last three months of 2012.
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High feed costs, drought to affect livestock markets in 2013

Export markets will remain strong outlet
Drought and high feed costs could continue to restrict livestock markets in 2013 if conditions do not improve, according to Dr. David Anderson, professor and economist in Livestock and Food Products Marketing with the Texas A&M AgriLife Extension Service. Anderson addressed livestock producers from across the country during an issues conference at the American Farm Bureau Federation’s 94th annual meeting.
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Cargill acquiring two Pennfield animal feed mills

Agribusiness giant submitted winning $9.8 million bid
Cargill is taking ownership of  two animal feed mills from the Lancaster, Pa.-based Pennfield Corporation, after submitting the winning bid  for $9.8 million in a bankruptcy proceeding.
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