Poultry

Bachoco Informs About NYSE Delisting Application

Retrieved on: 
Tuesday, March 28, 2023

de C.V. ("Bachoco") (NYSE: IBA; BMV: BACHOCO).

Key Points: 
  • de C.V. ("Bachoco") (NYSE: IBA; BMV: BACHOCO).
  • Neither the delisting from the NYSE nor the termination of its registration under the Exchange Act is expected to affect the continued listing of Bachoco's shares on the Bolsa Mexicana de Valores, S.A.B.
  • Industrias Bachoco is a leader in the poultry industry in Mexico and one of the largest poultry companies in the world.
  • Bachoco is vertically integrated; its main business lines are: chicken, eggs, balanced feed, pork, among other products.

Phytogenic Feed Additives Market Report 2023: Growing Concern Around Cattle Health Boosts Sector

Retrieved on: 
Wednesday, March 29, 2023

Global Phytogenic Feed Additives market is anticipated to witness a growth of steady CAGR in the forecast period, 2024-2028.

Key Points: 
  • Global Phytogenic Feed Additives market is anticipated to witness a growth of steady CAGR in the forecast period, 2024-2028.
  • Similarly, growing concern about animal health and the quality of feed is expected to create significant growth during the forecasted period.
  • The market for phytogenic feed additives is expanding globally due to the natural, plant-based bioactive compounds known as botanicals, phytobiotics, or phytogenic feed additives.
  • In this report, Global Phytogenic Feed Additives market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Refrigerated transportation market in the US to grow by USD 9 billion from 2021 to 2026; Growth driven by growing end-user segments - Technavio

Retrieved on: 
Tuesday, March 28, 2023

NEW YORK, March 28, 2023 /PRNewswire/ -- The refrigerated transportation market size in the US is estimated to grow by USD 9 billion from 2021 to 2026, according to Technavio.

Key Points: 
  • NEW YORK, March 28, 2023 /PRNewswire/ -- The refrigerated transportation market size in the US is estimated to grow by USD 9 billion from 2021 to 2026, according to Technavio.
  • In the same year, poultry added another 1.6 billion pounds for a total of 3.2 billion pounds of total meat use.
  • All these factors are driving the growth of the refrigerated transportation market in the US.
  • The road freight transportation market in North America is expected to grow by USD 103.29 billion at a CAGR of 2.31%, during 2020-2025.

The Real Good Food Company Reports Fourth Quarter and Fiscal Year 2022 Financial Results

Retrieved on: 
Monday, March 27, 2023

CHERRY HILL, N.J., March 27, 2023 (GLOBE NEWSWIRE) -- The Real Good Food Company, Inc. (NASDAQ: RGF) (“Real Good Foods” or the “Company”), a leading health and wellness frozen foods company, today reported financial results for its fourth quarter and fiscal year ended December 31, 2022.

Key Points: 
  • CHERRY HILL, N.J., March 27, 2023 (GLOBE NEWSWIRE) -- The Real Good Food Company, Inc. (NASDAQ: RGF) (“Real Good Foods” or the “Company”), a leading health and wellness frozen foods company, today reported financial results for its fourth quarter and fiscal year ended December 31, 2022.
  • Total operating expenses decreased by $28.2 million to $14.1 million in the fourth quarter of 2022, as compared to $42.3 million in the fourth quarter of 2021.
  • Loss from operations decreased by $31.8 million to $9.3 million in the fourth quarter of 2022, as compared to $41.1 million in the fourth quarter of 2021.
  • Net loss decreased by $33.0 million to $11.9 million in the fourth quarter of 2022, as compared to $44.9 million in the fourth quarter of 2021.

Cal-Maine Foods, Inc. Names Todd Walters Chief Operating Officer

Retrieved on: 
Monday, March 27, 2023

Cal-Maine Foods, Inc. (NASDAQ: CALM) today announced that Todd Walters has been named Chief Operating Officer and Matt Whiteman has been named Vice President, Operations, both effective March 27, 2023.

Key Points: 
  • Cal-Maine Foods, Inc. (NASDAQ: CALM) today announced that Todd Walters has been named Chief Operating Officer and Matt Whiteman has been named Vice President, Operations, both effective March 27, 2023.
  • Walters has served on the Board of The Ohio Poultry Association and The Texas Poultry Federation, where he is currently an ex-officio member.
  • Walters is a graduate of Mississippi State University with a bachelor's degree in agriculture with a major in poultry science.
  • Todd Walters is well qualified to assume this role, having extensive experience with the various aspects of our operations across different locations and market regions.

Perishable Goods Transportation Market in the US to grow at a CAGR of 8% from 2022 to 2027, MPS to be a significant segment for the market growth - Technavio

Retrieved on: 
Monday, March 27, 2023

Moller Maersk AS - The company offers perishable goods transportation services for pharmacies, fruits and vegetables, and fish and seafood.

Key Points: 
  • Moller Maersk AS - The company offers perishable goods transportation services for pharmacies, fruits and vegetables, and fish and seafood.
  • Bay and Bay Transportation - The company offers perishable goods transportation services such as refrigerated transportation.
  • The technological advancements in freight management are the major factors that will have a positive impact on the perishable goods sea transportation market growth.
  • The adoption of eco-friendly vehicles is one of the key perishable goods transportation market trends that is contributing to the market growth.

Retail Market size in Thailand to grow by USD 63.19 billion from 2022 to 2027, Analysis of top vendors such as A.S. Watson Group, Aeon Co. Ltd., Berli Jucker Public Co. Ltd. - Technavio

Retrieved on: 
Thursday, March 23, 2023

NEW YORK, March 23, 2023 /PRNewswire/ -- The retail market in Thailand size is estimated to increase by USD 63.19 billion from 2022 to 2027.

Key Points: 
  • NEW YORK, March 23, 2023 /PRNewswire/ -- The retail market in Thailand size is estimated to increase by USD 63.19 billion from 2022 to 2027.
  • The market share growth by the offline segment will be significant for the retail market in Thailand's growth during the forecast period.
  • The offline segment includes vendors' proprietary retail outlets and organized retail stores such as departmental stores, hypermarkets, and supermarkets.
  • One of the major factors driving growth in the retail market in Thailand is the rising demand for convenience food products.

Amlan® International Welcomes New Director of Sales for Latin America

Retrieved on: 
Tuesday, March 21, 2023

In this role, Dr. Jarquin will work to advance Amlan’s development strategies and present mineral-based solutions for customers in Mexico, Central America, South America and the Caribbean.

Key Points: 
  • In this role, Dr. Jarquin will work to advance Amlan’s development strategies and present mineral-based solutions for customers in Mexico, Central America, South America and the Caribbean.
  • Dr. Jarquin will also be responsible for recruiting and hiring new industry partnerships and talent to expand operations in the LATAM market.
  • “Dr.
  • Previously, Dr. Jarquin held positions as a microbiologist, Director of World Technical Services, and Sales Manager (CAMEX region).

GOOD Meat, the World’s First-to-Market Cultivated Meat Company, Receives U.S. FDA Clearance

Retrieved on: 
Tuesday, March 21, 2023

“Since Singapore approved GOOD Meat for sale, we knew this moment was next.

Key Points: 
  • “Since Singapore approved GOOD Meat for sale, we knew this moment was next.
  • According to consumer research conducted by a leading global management consulting firm on behalf of GOOD Meat, 70% of Singaporeans who tried GOOD Meat’s cultivated chicken said it tasted as good or better than conventional chicken.
  • Approximately 90% of restaurant operators said they would be open to selling cultivated meat, and most said they could envision cultivated meat replacing conventional meat on menus within a decade.
  • GOOD Meat has become the second cultivated meat company to receive the go-ahead from FDA for its cultivated chicken, bringing cultivated meat closer to becoming a real choice for American consumers.

Bachoco Announces Purchase of Block of Shares

Retrieved on: 
Friday, March 17, 2023

de C.V. ("Bachoco") (NYSE: IBA; BMV: BACHOCO).

Key Points: 
  • de C.V. ("Bachoco") (NYSE: IBA; BMV: BACHOCO).
  • de C.V., through transactions individually executed with Grupo Bursátil Mexicano, S.A. de C.V., Casa de Bolsa, in its capacity as intermediary, shares that, in the aggregate, represent 1.2% of Bachoco's capital stock.
  • Industrias Bachoco is a leader in the poultry industry in Mexico and one of the largest poultry companies in the world.
  • Bachoco is vertically integrated; its main business lines are: chicken, eggs, balanced feed, pork, among other products.