Livestock

A discussion at the IntraFish Seafood Investor Forum in New York highlighted the need for specialized managers amid a surge of investor interest in the sector.

A Cargill spokeswoman called the deal a “significant development.”

China will allow US beef imports as soon as possible but no later than July 16, 2017, while the US will publish a proposed rule by that same date that will allow imports of cooked Chinese poultry into the US.

Greg Campbell led the firm through a two‐year sales process resulting in the sale of the company to the joint venture company Australian Outback Beef.

Cargill is exiting the cattle feeding business to free up additional working capital to grow its North America protein business.

Mitsui and Temasek have joined a group of existing investors to support commercial-scale manufacturing of FeedKind, a methane-based alternative to traditional aquaculture fishmeal ingredients.

The Australian Agricultural Company has appointed Shehan Dissanayake executive director, “a first step in strengthening the company’s executive ranks” as AACo looks to expand into more export markets.

Fonds agroalimentaire CDPQ will make direct and fund investments designed to support Quebec’s agri businesses, new farmers and established family farmers.

Mainland’s founding shareholders will retain a significant shareholding in the business and senior management will remain in their present positions.

The funding will help Roslin Technologies and university researchers improve the health of farmed animals and raise agricultural productivity through veterinary vaccines and tools for diagnosing disease.