Animal nutrition

ADM Reports Fourth Quarter Earnings per Share of $1.84, $1.93 on an Adjusted Basis; Increasing Quarterly Dividend 12.5% to $0.45 per share

Retrieved on: 
Thursday, January 26, 2023

Global Trade results were lower than the strong fourth quarter of 2021, with lower ocean freight results partially offset by higher results in EMEA origination and destination marketing.

Key Points: 
  • Global Trade results were lower than the strong fourth quarter of 2021, with lower ocean freight results partially offset by higher results in EMEA origination and destination marketing.
  • The business benefited from a $110 million legal recovery related to the 2019 and 2020 closure of the Reserve, Louisiana, export facility.
  • In North America, strong export volumes for soybean meal and growing domestic demand for renewable diesel contributed to strong margins.
  • In EMEA, oil demand powered strong rapeseed margins, more than offsetting higher energy costs compared to the prior year.

Balchem Corporation Announces Dividend

Retrieved on: 
Tuesday, December 6, 2022

This dividend represents an 10.9% increase over last year’s annual dividend.

Key Points: 
  • This dividend represents an 10.9% increase over last year’s annual dividend.
  • Ted Harris, Balchem’s Chairman, President, and CEO, said, “Balchem has a long-standing commitment to an annual dividend and we are pleased to announce the continuation of that commitment.
  • Through Specialty Products, Balchem provides specialty-packaged chemicals for use in healthcare and other industries, and also provides chelated minerals to the micronutrient agricultural market.
  • Balchem assumes no duty to update its outlook or other forward-looking statements as of any future date.

Balchem Corporation Announces Quarterly Conference Call for Third Quarter Financial Results on November 4, 2022

Retrieved on: 
Friday, October 21, 2022

MONTVALE, N.J., Oct. 21, 2022 (GLOBE NEWSWIRE) -- Balchem Corporation (NASDAQ: BCPC) today announced that a conference call will be held on Friday, November 4th at 11:00 AM Eastern Time (ET) to review third quarter results.

Key Points: 
  • MONTVALE, N.J., Oct. 21, 2022 (GLOBE NEWSWIRE) -- Balchem Corporation (NASDAQ: BCPC) today announced that a conference call will be held on Friday, November 4th at 11:00 AM Eastern Time (ET) to review third quarter results.
  • Third quarter results will be published prior to the market opening on Friday, November 4, 2022.
  • The press release, and its accompanying financial exhibits, will also be available on the Company website, www.balchem.com , prior to the conference call.
  • To access the replay of the conference call, dial 1-877-660-6853 (local dial-in 1-201-612-7415), and use conference ID #13733850.

New data on food awareness: 59% of Americans unaware that farmers make up less than 1% of the US labor force

Retrieved on: 
Wednesday, October 12, 2022

ARDEN HILLS, Minn., Oct. 12, 2022 /PRNewswire/ -- For National Farmer's Day, Land O'Lakes, Inc. is putting farmers at the front to raise awareness of the critical role they play in society with the release of the "State of the American Farmer" survey.

Key Points: 
  • To illustrate support, Land O'Lakes launched "Farmers Are Incredible," a multiplatform creative campaign rooted in celebrating National Farmer's Day and emphasizing the importance of farmers and the agriculture industry year-round.
  • The campaign features striking imagery of the co-op's farmer-members to shine a light on them and their work.
  • Land O'Lakes will bring the farming and football communities together on the Big Ten Network on Saturday, Oct. 15, at the Nebraska-Purdue game.
  • With 2021 annual sales of $16 billion, Land O'Lakes is one of the nation's largest cooperatives, ranking 232 on the Fortune 500.

Balchem Corporation acquires Bergstrom Nutrition

Retrieved on: 
Tuesday, August 30, 2022

NEW HAMPTON, N.Y., Aug. 30, 2022 (GLOBE NEWSWIRE) -- Balchem Corporation (NASDAQ:BCPC), a global specialty ingredients company focused on Nutrition and Health, today announced the acquisition of Cardinal Associates Inc., operating as Bergstrom Nutrition, a leading science-based manufacturer of methylsulfonylmethane (MSM), based in Vancouver, Washington.

Key Points: 
  • NEW HAMPTON, N.Y., Aug. 30, 2022 (GLOBE NEWSWIRE) -- Balchem Corporation (NASDAQ:BCPC), a global specialty ingredients company focused on Nutrition and Health, today announced the acquisition of Cardinal Associates Inc., operating as Bergstrom Nutrition, a leading science-based manufacturer of methylsulfonylmethane (MSM), based in Vancouver, Washington.
  • Ted Harris, Chairman, CEO and President of Balchem, said, We are excited to welcome Bergstrom Nutrition to Balchem.
  • Adrian Polliack, Bergstrom Nutrition President & CEO, said, We are very pleased to join such a high quality, scientifically driven organization as Balchem.
  • Following the acquisition, Bergstrom Nutrition will be included in Balchems Human Nutrition and Health business segment and integrated into the Minerals & Nutrients business unit.

U.S. Nutraceutical Ingredients Market Report 2022: Rising Demand for Fortified Food Owing and Increasing Health Consciousness Amongst Consumers Driving Growth - ResearchAndMarkets.com

Retrieved on: 
Thursday, July 21, 2022

The "Nutraceutical Ingredients Market Research Report by Form (Dry and Liquid), Health Benefits, Type, Application, State - United States Forecast to 2026 - Cumulative Impact of COVID-19" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Nutraceutical Ingredients Market Research Report by Form (Dry and Liquid), Health Benefits, Type, Application, State - United States Forecast to 2026 - Cumulative Impact of COVID-19" report has been added to ResearchAndMarkets.com's offering.
  • This research report categorizes the Nutraceutical Ingredients to forecast the revenues and analyze the trends in each of the following sub-markets:
    Based on Form, the market was studied across Dry and Liquid.
  • Based on Health Benefits, the market was studied across Bone Health, Gut Health, Heart Health, Immunity, Nutrition, and Weight Management.
  • Based on Application, the market was studied across Animal Nutrition, Dietary Supplements, Functional Beverages, Functional Foods, and Personal Care.

Balchem Corporation Announces Quarterly Conference Call for Second Quarter Financial Results on July 29, 2022

Retrieved on: 
Friday, July 15, 2022

NEW HAMPTON, N.Y., July 15, 2022 (GLOBE NEWSWIRE) -- Balchem Corporation (NASDAQ: BCPC) today announced that a conference call will be held on Friday, July 29th at 11:00 AM Eastern Time (ET) to review second quarter results.

Key Points: 
  • NEW HAMPTON, N.Y., July 15, 2022 (GLOBE NEWSWIRE) -- Balchem Corporation (NASDAQ: BCPC) today announced that a conference call will be held on Friday, July 29th at 11:00 AM Eastern Time (ET) to review second quarter results.
  • Second quarter results will be published prior to the market opening on Friday, July 29, 2022.
  • The press release, and its accompanying financial exhibits, will also be available on the Company website, www.balchem.com , prior to the conference call.
  • To access the replay of the conference call, dial 1-877-660-6853 (local dial-in 1-201-612-7415), and use conference ID #13731403.

Creating a clean-label soy protein for Canada’s plant-based food and ingredients sector

Retrieved on: 
Wednesday, July 6, 2022

Todays announcement highlights how the Protein Industries Cluster is creating new opportunities to cement Canada as a global leader in the plant-based food and ingredients sector, said the Honourable Franois-Philippe Champagne, Minister of Innovation, Science and Industry.

Key Points: 
  • Todays announcement highlights how the Protein Industries Cluster is creating new opportunities to cement Canada as a global leader in the plant-based food and ingredients sector, said the Honourable Franois-Philippe Champagne, Minister of Innovation, Science and Industry.
  • It will be the first facility in Canada to produce soy protein isolate, a critical food ingredient used in baby formula, athletic supplements, plant-based food products and many other applications.
  • Together with industry, Protein Industries Canada has committed more than $485 million to growing Canadas plant-based food and ingredients sector.
  • Their products include soy protein isolates, soy protein powders, textured soy proteins and soy flours.

Valued to be $4.5 Billion by 2026, Fish Oil Products Slated for Robust Growth Worldwide

Retrieved on: 
Monday, June 27, 2022

SAN FRANCISCO, June 27, 2022 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Fish Oil Products - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.FACTS AT A GLANCEWhat's New for 2022?

Key Points: 
  • We are offering a complimentary access to qualified executives driving strategy, business development, sales & marketing, and product management roles at featured companies.
  • Previews provide deep insider access to business trends; competitive brands; domain expert profiles; and market data templates and much more.
  • Preview Registry
    Amid the COVID-19 crisis, the global market for Fish Oil Products estimated at US$3.2 Billion, is projected to reach a revised size of US$4.5 Billion by 2026, growing at a CAGR of 5.8% over the analysis period.
  • Global Industry Analysts, Inc., ( www.strategyr.com ) is a renowned market research publisher the world`s only influencer driven market research company.

Balchem Corporation Completes Acquisition of Kappa Bioscience AS

Retrieved on: 
Tuesday, June 21, 2022

The signing of a definitive agreement to acquire Kappa Bioscience AS was previously announced on June 14, 2022.

Key Points: 
  • The signing of a definitive agreement to acquire Kappa Bioscience AS was previously announced on June 14, 2022.
  • With this acquisition, Balchem accelerates its strategy to expand its portfolio of science-based specialty nutrients with leading positions in growing markets.
  • From vitamin K2 and turn-key solutions to research and marketing initiatives, to product launches and growth strategies, Kappa Bioscience AS believes in doing it right.
  • Together with its partners, Kappa Bioscience AS is helping the health and nutrition industry turn a corner, without cutting corners.