The U.S. Department of Agriculture (USDA) has deregulated Cargill’s canola oil-based long-chain omega-3 fatty acids for aquafeed production, enabling the agribusiness to sell the product in the U.S., the company announced in an August 7 release. Sold under the brand name Latitude, the long-chain omega-3 fatty acids help to raise levels of EPA and DHA omega-3 fatty acids in farm raised salmon. 
 

Cargill said the product will reduce aquafeed producers’ reliance on wild fish populations for omega-3 fatty acids and stabilize prices for the ingredient. 
 

Chinese animal feed maker Beijing Dabeinong Technology Group Co Ltd said on Wednesday its first-half net profit plunged 67.67% as an African swine fever outbreak hurt feed demand and hit earnings from its pig farms.
 

The firm reported net income 33.6 million yuan ($4.76 million) compared with profits of 104 million yuan a year ago. Revenue was 8.1 billion yuan, down 10.26%.

The company is one of China’s biggest feed makers with output of 4.6 million tonnes last year, most of it targeted at pigs.

Denmark's BioMar Group has announced it will build a new feed factory in Australia.

During the last years BioMar has delivered an increasing volume of feed to the Australian market from factories in Chile and Scotland, it said. Now the company is ready to establish a greenfield feed factory in Australia, with a yearly capacity of 110,000 metric tons.

"The market is evaluated to have a high potential for growth within a broad range of species," it said.