Glencore Agriculture UK has acquired a leading feed product suppliers, making it one of the fastest growing feed supply businesses in the UK.
The global grain and diversified natural resource company has completed the full asset acquisition of Mercury Commodities in a move which it says will benefit farmers at a time of uncertainty over international trade.
Mercury Commodities, a Dorset-based company which has been acting as sole agent for the soyabean product supplies of Glencore Agriculture for the past 18-months, also owns an international deep-water terminal and storage facilities on the Isle of Portland. This give the company a valuable platform for the import of animal feeds from its global crop processing facilities.
James Maw, Glencore’s UK managing director, said: “We are looking to further invest and extend the site’s capacity and capability, alongside working with expanding the import arrangements at Teesport and other ports to fulfil major livestock areas of the UK and supply an increasing nationwide customer base.
He revealed plans to recruit additional traders. “With uncertainty over the future of export opportunities and international markets, we can seek to connect and enhance domestic consumption for arable grain, oilseeds and protein crops, to supply a productive and viable livestock sector.”