Raphael Carmo · Managing Partner, 4D World Deal season: the pet-food M&A that defined H1 2026 Key Takeaways ▸ Pet-food M&A held a steady pace through the first half of 2026. ▸ Zoetis paid US$160 million for Neogen's animal-genomics assets. ▸ The Umios-Pet World International distribution deal ... Europe Innovation Pet Food Prices & Markets Jul 14, 2026
Raphael Carmo · Managing Partner, 4D World Meat prices just hit an all-time high Key Takeaways ▸ The FAO Meat Price Index reached a record 131.0 points in June 2026. ▸ The June print rose 0.4% on May and 4.0% year on year. ▸ The index measures international meat prices against a 2... Food Prices & Markets Jul 13, 2026
Raphael Carmo · Managing Partner, 4D World Glucosamine and the joint-health boom Key Takeaways ▸ Glucosamine is an amino sugar the body uses to build and maintain cartilage. ▸ The classic source is shellfish shells, which carry a shellfish-allergen flag. ▸ Bovine cartilage and con... Pharma Prices & Markets Rendering Jul 9, 2026
Raphael Carmo · Managing Partner, 4D World Pork's quiet record: Brazil ships 794,200 tonnes in H1 Key Takeaways ▸ Brazil set a record 794,200 tonnes of pork exports in H1 2026, up 10%. ▸ H1 pork revenue reached US$1.859 billion, up 7.9% year on year. ▸ May was a record month at 129,400 tonnes; Jun... Brazil Prices & Markets Southeast Asia Jul 8, 2026
Raphael Carmo · Managing Partner, 4D World Brazil chicken's best half ever — and where it went Key Takeaways ▸ Brazil exported a record 2.94 million tonnes of chicken in H1 2026, up 12.9%. ▸ H1 chicken revenue reached US$5.7 billion, up 17% year on year. ▸ June shipments jumped 40.6% to 482,800... Brazil Food Prices & Markets Jul 6, 2026
Raphael Carmo · Managing Partner, 4D World When one buyer pulls back: the great beef reshuffle Key Takeaways ▸ By late July 2026 Brazil had used about 80% of its China beef quota. ▸ China's tariff-free quota for Brazilian beef is 1.106 million tonnes. ▸ Out-of-quota beef into China faces a 55% ... Brazil China Prices & Markets Jul 5, 2026
Raphael Carmo · Managing Partner, 4D World Brazil's record beef half: US$9.85bn and a China surge Key Takeaways ▸ Brazil shipped a record 1.705 million tonnes of beef in H1 2026, up 15.5%. ▸ H1 beef revenue reached US$9.85 billion, up 36.2% as price outpaced volume. ▸ China bought 794,700 tonnes w... Brazil China Prices & Markets Jul 1, 2026
Raphael Carmo · Managing Partner, 4D World Europe's wet-food boom, in concrete Key Takeaways ▸ Purina's CHF 520m Mantova plant and VAFO's Poland expansion point the same way. ▸ New premium-wet capacity lands across 2027-2029, cat-led and pouch-focused. ▸ Dry kibble is built on m... Europe Pet Food Prices & Markets Jun 30, 2026
Raphael Carmo · Managing Partner, 4D World The 10-year protein forecast Key Takeaways ▸ The OECD-FAO Agricultural Outlook 2026-2035 projects global meat output up 13% by 2035. ▸ Most of the extra output comes from productivity and intensification, not larger herds. ▸ Bett... Food Prices & Markets Sustainability Jun 29, 2026
Raphael Carmo · Managing Partner, 4D World Reading the rendering giant Key Takeaways ▸ Darling Ingredients posted Q1 2026 net income of $134.3 million. ▸ That reversed a $26.2 million loss a year earlier, on $1.6 billion of sales. ▸ Combined adjusted EBITDA reached $406.... Prices & Markets Rendering United States Jun 25, 2026
Raphael Carmo · Managing Partner, 4D World What Nestlé's numbers say about pet demand Key Takeaways ▸ Nestle's H1 2026 Petcare sales reached CHF 8.9 billion, about $10.9 billion. ▸ Organic growth was 2.7%: real internal growth of 1.8% plus pricing of 0.9%. ▸ Pro Plan, ONE and Felix bra... Europe Pet Food Prices & Markets Jun 23, 2026
Raphael Carmo · Managing Partner, 4D World Santos breaks a container record Key Takeaways ▸ The Port of Santos topped 500,000 TEU in a single month for the first time. ▸ The record came in May 2026, lifting the January-May tally to 2.4 million TEU. ▸ Total cargo reached 75.65... Brazil Logistics & Shipping Prices & Markets Jun 22, 2026
