Markets

© GettyImages/Thierry Dosogne

Red Sea conflict sees shipping prices soar

By Jane Byrne

The escalation of military activity around the Red Sea is causing shipping prices on affected routes to skyrocket and global shipping capacity to tighten.

The Forever Feed Mill will grow Automated Sprouted Grain in an indoor controlled environment.  Photo credit: Forever Feed Technologies and Dr Greenhouse

Indoor animal feed concept could be rolled out across US

By Michelle Perrett

California’s Forever Feed Technologies has partnered with Dr Greenhouse to design the controlled environment for an enterprise-scale indoor feed mill at the River Ranch Dairy in Hanford, California.

Image: Getty/VAWiley

Can the seaweed resurgence survive the bottlenecks?

By Oliver Morrison

The seaweed industry has been on a steady growth trajectory for decades thanks to its promise of efficiently producing nutritious food for a growing population. But bottlenecks require unlocking for the industry to be able to scale sustainably and successfully.

© The Pet Butcher

Australian dog food company set for expansion

By Michelle Perrett

The Pet Butcher, an Adelaide-based dog food company, is looking to expand its concept across Australia and diversify into the feline food market, founder and director Nick Martin tells us.

© GettyImages/BernardaSv

ADM stocks plunge as CFO placed on leave amidst investigation

By Jane Byrne

ADM shares plummeted by a staggering 24%, according to media reports on Monday, following the decision to place its CFO, Vikram Luthar, on administrative leave amid an ongoing investigation into accounting practices within its nutrition business.

Getty/georgeclerk

Irish ag minister launches dairy-beef systems action plan

By Teodora Lyubomirova

During a seminar organized by the Irish Food Board (Bord Bia), the Irish Cattle Breeding Federation and Teagasc, the minister discussed how to make dairy calf to beef systems ‘a profitable and sustainable option for farmers’.

© GettyImages/imaginima

Five startups that captured our attention in 2023

By Jane Byrne

In 2023, the startup ecosystem faced persistent challenges due to economic uncertainties, anticipated interest rate increases, and the lingering effects of previous bank failures, as reported by EY.

© GettyImages/gpointstudio

Uncertainty clouds EU's compound feed demand outlook

By Jane Byrne

The impact of animal diseases, economic ambiguity, continued high food price inflation, persistent weather irregularities and increased imports of poultry products from Ukraine are affecting EU27 compound feed production, says FEFAC.