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July 06, 2012

06/07/12: ForFarmers becomes Europe's largest feed company; CHS expands; trouble for UK dairy farmers

Hello, 

ForFarmers Group has announced the acquisition of UK feed company BOCM PAULS
Through the acquisition of the activities of BOCM PAULS, ForFarmers will become the largest feed company in Europe with:
•    8.8 million of tonnes of feed, of which 6.5 million tonnes is compound feed and 2.3 million tonnes is straights and co-products.
•    2500 employees
•    Turnover of € 6.6 billion

CHS expands South American fertilizer capabilities.  The US farmer-owned cooperative, has purchased 50 percent ownership of Andali, a provider of fertilizer storage and blending services based in Paranagua, Brazil.  Read more...

In the UK, the National Farmers Union (NFU) has strongly condemned the latest round of milk price cuts after three major dairy processors, who supply fresh liquid milk into the UK market place, issued notices for reductions earlier this week. The recent run of bad weather has not helped dairy farmers who have faced increased feed costs as they have had to keep their cattle indoors.

Hope you have a great weekend.  See you on Monday
English: A dehorned dairy cow in New Zealand
English: A dehorned dairy cow in New Zealand (Photo credit: Wikipedia)
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