Farms.com Home   Ag Industry News

Canadian animal nutrition company celebrates 35 years in 2017

Canadian animal nutrition company celebrates 35 years in 2017

Jean Fontaine founded Jefo in 1982

By Diego Flammini
News Reporter
Farms.com

A Quebec-based animal nutrition company is celebrating its 35th anniversary and using the milestone to reflect on how far it has come.

Jean Fontaine founded Jefo in 1982 after visiting Europe and discovering a large cost difference between Europe and Canada on feed additives like phosphate and bicarbonate.

He began to import ingredients to give farmers another feed option and to help Canadian feed businesses remain competitive.

Since the company’s founding, Jefo has experienced a variety of growth and changes.

Fontaine started by distributing ingredients. Now his company’s products are available in 57 countries and it employs 250 people.

The company plans to hire 100 more staff before the summer. Jefo also hopes to invest $65 million within two years to modernize its facilities.

And all Jefo’s innovations are undertaken with farmers in mind.

Jefo performs research on its own research farms, implements new concepts and performs trials, all with a focus on farmers and animal health, he said.

While Fontaine looks back on the past 35 years, he’s also looking towards the future.

The United Nations estimates the global population will reach 9.8 billion in 2050 and 11.2 billion in 2100.

That’s a lot of mouths to feed, and feed companies like Jefo need to make sure they’re on the cutting edge of innovation to accommodate those needs, Fontaine said.


Trending Video

Will the 2025 USDA December Crop Report Be a Market Mover/Surprise?

Video: Will the 2025 USDA December Crop Report Be a Market Mover/Surprise?


Historically, the USDA December crop report is a non-event or another dud report as the USDA reserves any final supply changes to the final report in January of the following year in this case 2026. But after the longest U.S. government shutdown in history at 43 days and no October crop report will they provide more data/surprise and make an exception?
Our China U.S. soybean purchase tracker is now at 26.6% or a total of 3.2 mmt but for traders it’s taking too long to unfold.
The final Stats Canada production report was bearish canola and wheat projection a record crop in both (it adds to the global glut of supplies) and bullish local corn and soybean prices in Ontario/Quebec thanks to a drought. It will not help the fund flow short-term, the USDA may need to offset it?
A U.S. Fed interest rate cut of another 25-basis point next Wednesday (probability 87.1%) could help fund flow and sentiment in stock and ag commodities into year end.
More inflows into Bitcoin this past week saw prices rebound back above 90,000 with support at 82,000 and resistance at 96,000.
A V-shaped bottom in cattle suggest the lows are in after Mexico reported another new world screwworm case. Lower weights, seasonal demand and higher U.S. beef select/choice values with a continued closure of the Mexican border to cattle will result in a resumption of higher cattle futures into yearend.
Australia is expected to produce its 3rd largest wheat crop ever at 36 mmt adding to the global glut of supplies.
Reports of ASF in hogs in Spain the largest pork exporter in Europe could see the U.S. win more pork export business long-term.
If the rains verify into next week of 3-5 inches for Brazil it would go a long way to fixing the dry regions from the last 2-months, but the European weather model has been wrong for the past 2-months!
Natural gas futures are surging to the 3rd price count as frigid hold temps set in.
CDN $ is also surging to end the week on a very resilient economy and better employment numbers suggesting no interest rate cuts next week.
Finally, the CFTC report showed funds were net buyers of soybeans but sellers of corn, canola and wheat. In real time the funds have gone back to selling as they take some profits.