NEWS FEED & ADDITIVE MAGAZINE December 2024 101 Singapore based start-up EFL AG-DATA (EFL) launched its platform to empower farms in the feed-to-meat supply chain with innovative, data-driven services that solve complex challenges and drive productivity. EFL's establishment marks a significant moment in history, emerging in the post-COVID-19 era, according to the announcement. In the past years, livestock and animal feed production, the essential segments of the feedto-meat supply chain, have faced various challenges, including animal diseases, climate change, and geopolitical tensions. The company points out that these events have led to a tight supply of animal feed for livestock and meat for consumers. Meanwhile, in the Philippines, pig farmers suffered low farmgate prices as retail prices inflated. Indonesia’s poultry sector wrestled with lower domestic corn production and delayed feed wheat shipments from the Black Sea region. In many parts of the world, as animal feed prices rise, the financial burden on farmers elevates. Furthermore, livestock farmers are at the risk of over-production which can have a substantial impact on profitability. In this context, EFL aims to support livestock and feed producers in navigating the hurdles of price uncertainty and threats against on-farm productivity. EFL states that its approach to enabling farmers to overcome challenges is defined by its two main services: FarmMetrics INSIGHT and FarmTech CONNECT. Read more>> Aker ǪRILL Company, a global standalone entity spun out of Aker BioMarine, officially was launched. This strategic move positions Aker ǪRILL Company at the forefront of sustainable krill harvesting and as a leading provider of premium marine ingredients for the aquaculture, animal feed, and nutraceutical industries, according to Aker BioMarine. The company stated “Aker ǪRILL Company embarks on an exciting new chapter, grounded in a strong heritage of innovation and sustainability, and now supported by new ownership from American Industrial Partners (AIP) and Aker Capital. This transition marks more than just a name change; it’s the start of a promising new era in the company and the development of our strong brands, ǪRILL Aqua and ǪRILL Pet.” "While our name may be new, our commitment to excellence remains unwavering," said Webjørn Barstad, CEO of Aker ǪRILL Company. "We're building upon years of expertise and innovation developed as part of Aker BioMarine, and we're excited to now chart our own course in delivering sustainable, superior krill ingredients with the highest quality standards." Explaining its mission as to sustainably harvest Antarctic krill and deliver premium marine ingredients that enhance animals' health, growth, and welfare worldwide, Aker ǪRILL Company aims to maintain the highest quality standards while meeting the growing global demand for sustainable marine ingredients. Read more>> Singapore start-up introduces platform to support farmers Aker QRILL Company officially launched as independent entity
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