The Wasleys facility, which generated US$2.24 million in EBITDA over the past year, has sold more than 90% of its output to Baiada.
Because this is an emerging pathogen in cattle, no approved vaccines currently exist.
Current CEO Stefan Scheiber will be proposed as Chairman of the Board of Directors at the Annual General Meeting in February 2026, succeeding Calvin Grieder.
In recent months, the avian influenza pandemic has resulted in the loss of tens of millions of birds worldwide.
The proposed site will allow MiAlgae to expand its unique process of repurposing whisky industry byproducts to grow microalgae.
This facility, the smallest of ADM’s U.S. soy processing plants becomes the first to close amid a recent contraction in the biofuels sector.
The development comes amid a resurgence in trade tensions between the two largest economies, sparking fresh concerns among U.S. agricultural exporters.
With the new plant now operational, ADM aims to supply half of Mexico’s wet pet food demand by the end of 2025.
Their partnership is aims at helping startups and established companies bring novel feed additives and formulations to market.
The steep decline is attributed primarily to feed manufacturers turning toward more cost-effective and readily available plant-based alternatives.