Aug. 2, 2016 – by Eric Schroeder
ARDEN HILLS, MINN. — Land O’Lakes, Inc., a member-owned cooperative with operations that span the spectrum from farm production to consumer foods, has completed the acquisition of Ceres, Inc., Thousand Oaks, Calif. Ceres is an agricultural biotechnology company that develops and markets seeds and traits to produce crops for animal feed, sugar and other markets.
Land O’Lakes, through its Roman Merger Sub, Inc. subsidiary, acquired all of the outstanding capital stock of Ceres in a transaction valued at approximately $17.2 million. The deal first was announced in mid-June.
Read full article here
Written July 27, 2016 by Ann Reus
2016 started out busy with acquisitions in animal feed, nutrition and related industries, with five deals announced in January alone. So far this year, WATT Global Media has reported on 22 acquisitions in the sector.
The acquiring companies range from large feed producers such as agricultural cooperative ForFarmers to vendors such as testing kit supplier Neogen.
ForFarmers is the largest company in WATT’s Top Feed Companies database to complete an acquisition this year. In July, ForFarmers announced it would acquire VleutenSteijnVoeders B.V., a Netherlands-based swine feed company.
Read full article here
Written: May 18, 2016 on WATTAgNet.com
The Occupational Safety and Health Administration (OSHA) has published in the Federal Register a new reporting rule for employers that could pose challenges for the animal feed industry.
The regulation, which is effective August 20, 2016 — with phased-in data submissions starting in 2017 — would require employers for the first time to electronically report to OSHA their injury and illness records. In the past, injury and illness records were only accessible to OSHA during inspections.
Under the new provisions, OSHA plans to take that information and post it on the internet for public access and review. This represents a major and historic shift in how employer records are handled and how a company may be put in the spotlight as unsafe if your injury and illness records are taken out of context and mischaracterized.
Read full article here
August 20, 2015
RAC, PS2 and ITSC Colleagues:
Here is a copy of PFI’s comment to FDA in response to FDA’s issuance of Draft Guidance related to the Voluntary Qualified Importer Program (VQIP). Thanks to those of you who provided input. The comment, submitted yesterday via regulations.gov, incorporates your input as well as consultation with AFIA, GMA and NGFA.
Our main points are the following: First, we urge FDA to consider a pre-arrival clearance mechanism for VQIP foods. Second, we recommend that VQIP be foreign facility-specific instead of imported food-specific. Similarly, we recommend that VQIP participants be able to import any foods from an appropriately certified foreign supplier (as opposed to having to specify which foods will be imported). We indicate that, absent these and other changes to VQIP, pet food makers and ingredient suppliers are unlikely to enlist in the program.
On a separate note, I received word from a FDA official/former colleague this past Tuesday that FDA will issue the preventive controls final rules for human and animal food on Tue, 1 Sep. I will share more information as it becomes available.
Finally, last Thu (13 Aug), PFI joined AFIA, NGFA and NRA in a meeting with the Office of Management and Budget (OMB) to reiterate a few concerns we still have regarding the FSMA animal food rule. Our focus during this conversation with OMB was on the costs of implementation and PFI’s main point was that FDA’s calculation of FSMA implementation costs a) is at odds with industry calculations and b) does not appear to take into account resources expended since 2007, well in advance of FSMA regulations but in preparation for their finalization and implementation. We also thanked FDA (CVM joined the meeting via teleconference) for their openness and willingness to engage with animal food stakeholders during the rulemaking process.
July 23, 2015
Cargill Limited is proud to announce the company’s footprint in Canada’s canola industry now spans the entire food value chain – from the creation of specialty seed breeding to seed crushing to oil refining with the opening of a new state-of-the-art canola refinery located in Clavet, Saskatchewan.
“This is a very exciting time for Cargill,” said Scott Portnoy, Corporate Vice President and Platform Leader for Cargill Food Ingredients & Systems. “This new refinery means everything from the canola seeds grown to specialty consumer oils we refine are being produced right here in Canada, further highlighting Cargill’s commitment to Canada’s canola industry.”
July 6th, 2015
JBS USA Pork has entered into an agreement with Cargill to acquire the company’s U.S.-based pork business for $1.45 billion. Completion of the acquisition is subject to regulatory review and approval.
“Today’s announcement of our agreement to purchase the Cargill pork operations is a strategic investment in the long-term growth of our domestic and global pork business and demonstrates our continued commitment to the U.S. livestock sector,” said Martin Dooley, president and COO of JBS USA Pork. “This transaction will strengthen our position as a producer and supplier of all major animal proteins around the world, and provide increased opportunities for our producer partners and key customers. The strength and success of Cargill’s pork team and hog suppliers, as well as its industry leadership in areas such as animal welfare, exports, bacon production and innovation, were significant and compelling factors that led us to pursue this acquisition and enhance our ability to serve our diverse, global customer base.”
Read full article
June 10, 2015
The House on Tuesday approved three agricultural measures, including the Mandatory Price Reporting Act, the U.S. Grain Standards Act Reauthorization Act and the National Forest Foundation Reauthorization Act.
All three, previously approved by the House Ag Committee, were passed by voice vote.
According to House Ag Committee Chairman Mike Conaway, R-Texas, the bills all represent reauthorizations that were considered and approved before deadlines passed. He said it was his first goal as Chairman to complete the reauthorizations.
Read full article