The company looks to the second half of fiscal 2019 for food/drug/mass product expansion to drive growth in its pet segment, which fell short year-over-year in the second quarter.
COFCO International Ltd. is the latest company to join several others in an effort to standardize data and digitize global agriculture shipping transactions.
Pet food sales have grown every year since 2014, including a record high of $94.5 million in 2016, despite constrained economic growth, lagging wheat production and other factors.