Company News
Richardson to expand Bedford oat mill
Canadian agribusiness Richardson International is to increase the capacity of its UK oat mill, acquired three years ago, by some 35% over the next four years. The company says this will help meet growing demand for oats and oat-based products. Richardson acquired the...
New MD for CF Fertilisers UK
CF Fertilisers UK, the country’s only ammonium nitrate manufacturer, has appointed Brett Nightingale as managing director. With two decades of international fertiliser industry experience, he succeeds David Hopkins who is retiring after six years in the role. A US...
Boortmalt to double output at its Buckie maltings
Pauls Malt, the UK trading name for Boortmalt, is to invest £12 million to expand its maltings at Buckie on Scotland’s Morayshire coast. It says the move will support the growing demand for malt in whisky distilling and brewing – recent years have seen a significant...
NFU survey finds low farm business confidence
The NFU’s annual Confidence Survey has found both short (one year) and mid-term (three year) confidence among British farmers remains negative for the third consecutive year. The union questioned 662 members between November 5th 2020 and January 8th 2021. It notes...
Precision farming reduces BayWa’s input sales
German multinational BayWa, active in agribusiness, energy and building supplies, saw a rise in profitability on similar revenues in full year 2020. The BayWa Group has reported pre-tax earnings of €215.2 million on revenues of €17.2 billion in the year ended December...
MVF profits rise despite lower revenues
Mole Valley Farmers (MVF) has reported higher full year profitability on lower revenues, despite what it calls “unprecedented trading conditions brought about by the Covid-19 pandemic”. The latest year marked the co-operative’s 60th year of trading since it was...