Pig and shrimp breeder Sygen International has said it expects to branch out into a third species within the next 12 months, according to newspaper reports.

TheGrocer.co.uk reported in July that the future looked much brighter for Sygen with a new contract under its belt along with a drop in feed prices. This was compared to June this year when the company issued a profits warning blaming animal feed price rises.

The contract that Sygen landed was to supply livestock to a group of US food producers, which was expected to benefit its North American operations.

Sygen’s subsidiary, PIC North America, signed the deal with Triumph Foods, one of the largest producer groups in the US, consisting of 25 producer members.