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Thursday / November 7. 2024
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The acquisition combines Cargill’s global network and deep expertise in animal nutrition technologies with Delacon’s pioneering knowledge and market experience in phytogenic feed additives

To support feed customers in this growing space, the world’s leading agribusiness company Cargill has announced that it has signed a binding agreement to acquire Delacon, the globally leading expert in plant-based phytogenic additives.

“After a successful five-year partnership, Cargill and Delacon will build upon their combined deep history and long-term commitment to scientifically driven, sustainable customer solutions focused on animal health, feed efficiency, and performance,” said Adriano Marcon, Cargill animal nutrition president.

The acquisition combines Cargill’s global network and deep expertise in animal nutrition technologies with Delacon’s pioneering knowledge and market experience in phytogenic feed additives, a category that uses a broad range of herbs, plants and their extracts, such as essential oils, to improve livestock and aquaculture performance and promote animal health.

Markus Dedl, Delacon’s chief executive officer, shared his insights, “It is my responsibility to assure the frame for Delacon’s future growth, developing our ability to thrive, and taking phytogenic expertise to the next level. The acquisition will enlarge Delacon’s scope for future innovations and make phytogenic feed additives more available globally. Together, Cargill and Delacon will accelerate the pace of innovation and drive strategic, long-term growth.” 

With the addition of Delacon’s plant-based phytogenic products, Cargill is further committed to research, innovation, sustainability and collaboration in the digestive and immune health space.​

The acquisition combines Cargill’s global network and

The meeting followed directions from the Ministry of Commerce & Industry to scale up shipments in order to alleviate any global supply chain disruptions in view of the geopolitical situation

Amidst a record surge in wheat exports in the current fiscal, the Agricultural and Processed Food Products Export Development Authority (APEDA) recently organised a meeting of key stakeholders in the value chain for promoting exports to those countries which have a huge shipment potential.

The meeting, held on March 17, 2022, followed directions from the Ministry of Commerce & Industry to scale up shipments in order to alleviate any global supply chain disruptions in view of the geopolitical situation.

The meeting was chaired by APEDA chairman Dr M Angamuthu and had participation of key stakeholders such as traders, exporters, port officials, policy influencers from the Ministries of Food & Consumer Affairs, Railways and officials from various State Governments.

The export of wheat recorded a huge surge at $1742 million during April-January 2021-22, growing 387 per cent over the corresponding period in 2020-21 when it touched $340.17 million.

India has reported a wheat export worth of $2352.22 million in the last three years, including the first ten months of current fiscal 2021-22. In 2019-20, the wheat export was worth $61.84 million which rose to $549.67 million in 2020-21.

India is in final talks to start wheat export to Egypt, while discussions are going on with countries like Turkey, China, Bosnia, Sudan, Nigeria, Iran, etc to start wheat export.

The meeting followed directions from the Ministry