financetom
Business
financetom
/
Business
/
ADM says manufacturing issue behind recall of animal feed products
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
ADM says manufacturing issue behind recall of animal feed products
Jun 11, 2024 7:34 AM

June 11 (Reuters) - Global grain trader

Archer-Daniels-Midland ( ADM ) said on Tuesday a manufacturing

issue caused harmful levels of various minerals to be present in

certain animal feed products and led to their subsequent recall.

ADM shares were down 1.1% in morning trade.

On Monday, the global grain trader expanded the product

recalls announced earlier this year due to elevated levels of

magnesium, sodium, calcium, chloride and/or phosphorus.

ADM Animal Nutrition's prior two recalls covered chicken,

swine and rabbit feed products. The latest expansion covers 55

additional products and includes feeds for horses, lambs and

llamas.

"We have been working closely with U.S. FDA regarding a

manufacturing issue that resulted in some minerals being present

in affected feeds at levels that are different from what is

shown on the product label," ADM told Reuters in an emailed

statement.

"The issue has since been corrected, and we are working

diligently to recall all product that has been impacted."

No illnesses have been reported to date, the company said.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Broadcast media firm E.W. Scripps Q3 revenue down 
Broadcast media firm E.W. Scripps Q3 revenue down 
Nov 6, 2025
Overview * E.W. Scripps Q3 revenue fell 19% yr/yr, impacted by lower political ad revenue * Net loss attributable to shareholders was $49 mln, impacted by restructuring and financing costs * Connected TV revenue grew 41%, offsetting economic uncertainty in Scripps Networks Outlook * Company expects Q4 Local Media revenue to decline about 30% * Scripps Networks Q4 revenue and...
Norwegian Cruise Line Holdings Insider Bought Shares Worth $252,021, According to a Recent SEC Filing
Norwegian Cruise Line Holdings Insider Bought Shares Worth $252,021, According to a Recent SEC Filing
Nov 6, 2025
05:28 PM EST, 11/06/2025 (MT Newswires) -- Jason Montague, Chief Luxury Officer, on November 06, 2025, executed a purchase for 13,400 shares in Norwegian Cruise Line Holdings ( NCLH ) for $252,021. Following the Form 4 filing with the SEC, Montague has control over a total of 65,791 common shares of the company, with 52,391 shares held directly and 13,400...
Beauty Health Q3 revenue down 10.3%, but beats estimates
Beauty Health Q3 revenue down 10.3%, but beats estimates
Nov 6, 2025
Overview * Beauty Health Q3 2025 revenue of $70.7 mln beats analyst expectations * Adjusted EBITDA beat analysts' estimates, reaching $8.9 mln * Net sales declined 10.3% yr/yr due to lower delivery systems and consumables sales Outlook * Beauty Health ( SKIN ) projects 2025 net sales between $293 mln and $300 mln * Company expects 2025 adjusted EBITDA of...
Globus Medical Q3 profit beat estimates on U.S. spine growth
Globus Medical Q3 profit beat estimates on U.S. spine growth
Nov 6, 2025
Overview * Globus Medical ( GMED ) Q3 sales rose 22.9% yr/yr, beating analyst expectations * Adjusted EPS for Q3 beats consensus, growing 42.6% yr/yr * Company executed $40 mln in share repurchases, totaling $255.5 mln in 2025 Outlook * Company raises 2025 revenue guidance to $2.86-$2.90 bln from $2.80-$2.90 bln * Globus Medical ( GMED ) expects 2025 non-GAAP...
Copyright 2023-2026 - www.financetom.com All Rights Reserved