Frost & Sullivan has published a new report: US food and feed enzymes
markets. The report discusses the key trends while also quantifying the
markets in terms of revenue.
Widespread rain across South Australia state in recent days has improved the
prospects for the 2008 winter cereal and oilseed crop, barley exporter ABB Grain
Ltd said. ABB Grain's managing director Michael Iwaniw said most regions in the
state had received enough rain to begin planting, to capitalise on strong world
prices.
At an emergency meeting of the UN food summit today, Patrick Wall, chairman
of the European Food Safety Authority, suggested that the EU lift the ban on
feeding animal by products to livestock to help lower food
prices.
Sunzen Biotech - a company that produces and markets animal feed additive -
hopes to become Malaysia’s largest feed additives company within three years,
driven by overseas expansion.
In 2007, the compound feed production for the EU-27 according to Fefac data,
reached 149.8 million tonnes, which is 3.4% higher than the figure for 2006.
This is the highest annual growth rate registered in almost 20
years.
Highest ever prices and early rainfall have pushed Asia's biggest supplier of
soybean meal, India, to plant a record soybean crop for a second year in a row.
The estimated rise in Thailand’s 2008-09 corn crop of 3.7 million tons, up
from the proceeding year’s 3.6 million tons, is expected to double Thai corn
exports on surging foreign demand, following India’s recent corn export ban
through October 15th.
US feed grain production in 2008 is expected to be down from 2007 because of
reduced acreage according to the latest Feed Outlook from the Economic Research
Service of the USDA.