Higher sales volumes and improved manufacturing efficiency lifted Freshpet’s gross margin to 44.5%.
Priority products include agricultural commodities such as grains and soybeans, alongside machinery, vehicles, electrical equipment, steel and other goods.
Freshpet shares are down 2.14% year-to-date, despite a 12% gain over the past three months.
The transaction marks the beginning of a long-term strategic partnership that combines the strengths of two entrepreneurial companies with a shared ambition.
The summit also marked the official launch of the Agricultural Finance Technical Working Group (AFTWG).
University officials said the system has been designed to connect research, education and commercial application.
The training programme has so far brought together 98 veterinary practitioners and para-veterinarians from across Rwanda.
Capitalising on its global footprint, Bunge is targeting growth in biofuels, feed, and food amid market volatility, as Bunge executives shared at the BMO conference on May 13.
The company added that it may carry out additional share purchases outside the programme if deemed appropriate, including block trades, under its existing shareholder authority.
For the first time in a decade, the number of cats in the U.S. has surpassed dogs, reinforcing demand for cat-focused nutrition products.