// 15 apr 2008
Choline chloride demand will reach 391.8 thousand tons by 2012, according to new report by Global Industry Analysts, Inc. Growth in poultry feed additives is one of the major drivers of this increasing demand. Swine feed additives and fish feed additives also offer significant growth opportunities.
Choline chloride, a derivative of methylamine, is predominantly used in animal feed additives as a principal dietary supplement in poultry, swine feed and fish farming. The fastest growing markets are Central and South Americas and the far Eastern countries, particularly China. As living standards in these countries are improving steadily, poultry consumption is being looked upon more favourably.
6% growth per year
Consumers are increasingly shifting from red meat to white meat. Choline chloride market is expected to grow at over 6% annually, as stated in a recent report published by Global Industry Analysts, Inc. Consumption of choline chloride in poultry feed additives in United States is estimated at 52.7 thousand tons for 2008. Asia-Pacific and Latin American regions offer the highest growth opportunity for choline chloride market.
Major players in the marketplace include Balchem Corporation, BCP Ingredients and DSM Nutritional Products
CARGILL REPORTS RESULTS
Cargill reports third-quarter results
// 15 apr 2008
Cargill today reported net earnings of $1.03 billion in the 2008 third quarter ended Feb. 29, up 86% from $553 million in the same period a year ago. Earnings in the first nine months totalled $2.9 billion, a 69% increase from $1.71 billion a year ago.
Greg Page, Cargill chairman and chief executive officer said Cargill's global assets, market insight, diversification and risk management skills have served the company well. "Our business model gives us the wherewithal to remain customer focused in a very challenging operating environment."
Four of Cargill's five business segments increased earnings from the third quarter a year ago. The largest earnings contribution came from the origination and processing segment, which sources, processes and distributes agricultural commodities and provides supply chain and risk management services to customers globally. Results in agriculture services rose mostly on the improved performance of Cargill's global animal nutrition operations.
// 15 apr 2008
Cargill today reported net earnings of $1.03 billion in the 2008 third quarter ended Feb. 29, up 86% from $553 million in the same period a year ago. Earnings in the first nine months totalled $2.9 billion, a 69% increase from $1.71 billion a year ago.
Greg Page, Cargill chairman and chief executive officer said Cargill's global assets, market insight, diversification and risk management skills have served the company well. "Our business model gives us the wherewithal to remain customer focused in a very challenging operating environment."
Four of Cargill's five business segments increased earnings from the third quarter a year ago. The largest earnings contribution came from the origination and processing segment, which sources, processes and distributes agricultural commodities and provides supply chain and risk management services to customers globally. Results in agriculture services rose mostly on the improved performance of Cargill's global animal nutrition operations.
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