Cargill announces that it will invest more than $15 million in a new piglet feed production line in Tianjin, China. The expansion will provide early life nutrition options for Chinese customers and their animals.
Germany said any escalation of U.S. tariffs on metal imports into a full-blown trade war could cause tangible damage to the global recovery, although the tariffs themselves should have only a limited effect.
Germany's swine herd numbers are reaching near 20-year lows, resulting in a decline in pig feed demand. This causes challenges for the U.S. as it’s currently the top exporter of commodity soybeans to Germany.