Cargill deepens investment in Brazil’s booming feed sector

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Cargill: 'Animal production in Brazil is undergoing rapid transformation. To overcome challenges and maintain the country's leadership in agribusiness, producers must embrace innovation.' (Andreswd/Getty Images)

US agribusiness giant is set to acquire 100% of the operations of a Brazilian animal nutrition company

Cargill recently announced a binding offer to acquire Mig-Plus, a privately held company headquartered in Casca, Rio Grande do Sul. The move is set to strengthen Cargill’s footprint in one of the world’s most dynamic livestock markets.

Brazil stands as the fourth-largest pork producer globally and a leading exporter, driven by both domestic consumption and international demand.

Mig-Plus has over 30 years of expertise in supplying premixes, feed concentrates, and complete feeds, primarily for swine and ruminants. With two production facilities and a workforce of 450, the company is well-positioned within a region known for its strong swine and dairy farming activity.

Cargill said the acquisition supports its broader strategy to enhance service to local producers through a more diversified portfolio and closer proximity to key agricultural hubs.

Financial details of the transaction remain undisclosed, and the deal is subject to approval by Brazil’s Administrative Council for Economic Defense (CADE).

Pork exports

Brazilian pork exports reached a record high in the first three months of 2025, driven by robust demand from markets such as the Philippines, Hong Kong, Japan, Singapore, Argentia, Uruguay and Mexico, with higher import volumes from those countries offsetting the drop in Chinese demand, noted Rabobank in May.

This consolidation move comes amid a period of rapid transformation in Brazil’s animal production sector.

“To overcome challenges and maintain Brazil’s leadership in agribusiness, producers must embrace innovation. The intelligent use of new technologies enables more precise and integrated management, faster and more assertive decision-making, and greater sustainability and competitiveness,” a Cargill spokesperson commented.

AI-powered feed inventory management

Earlier this year, Cargill also formalized a partnership with Canadian agtech firm BinSentry, becoming the exclusive distributor of its AI-powered feed inventory management platform in Brazil. Building on a North American collaboration that began in 2020, the agreement aims to introduce sensor-based feed monitoring to swine and poultry producers nationwide.

BinSentry claims its solar-powered, self-cleaning sensors track feed bin levels with 99% accuracy; they are in use on over 25,000 bins across the US and Canada. Cargill will integrate the technology with its logistics and animal nutrition services to help Brazilian producers reduce feed waste, cut transportation costs, and improve overall process control.

“Feed typically represents 60% to 70% of total production costs in livestock farming,” said BinSentry CEO, Ben Allen. “Improving feed monitoring and supply chain planning is essential for profitability.”

Marcelo Dalmagro, strategic technology leader for Cargill Animal Nutrition in South America, added that the BinSentry platform offers a new layer of intelligence to Cargill’s offering in Brazil.

“While Brazil is known as a leading producer and exporter of livestock and poultry, its vast territory and diverse landscapes present significant production and management challenges. Partnering with BinSentry will help the industry overcome those challenges by boosting efficiency of the animal feed supply chain. We are bringing an AI-powered management tool to the Brazilian market that will help producers unlock savings and make data-based decisions that improve their operations and their bottom line.”