Cherkizovo stops pig investments ahead of Russia’s WTO accession

16-May-2012 - Russian meat processing giant Cherkizovo has taken an “investment vacation” from pig projects, citing the sector’s uncertainty on the eve of Russia’s entry into the World Trade Organization (WTO).

Chicken leg duty could damage US-Mexico trade, says report

16-May-2012 - A Mexican duty on US chicken leg quarter imports would damage the US poultry industry and leave many Mexican consumers unable to afford to eat poultry, according to a new report by Dermot Hayes PhD, professor of Economics and Finance at Iowa State University.

Positive outlook for poultry markets

15-May-2012 - The global poultry sector is expected to benefit from positive market conditions and strong prices in the second quarter of 2012, a Rabobank report has revealed.

Cherkizovo teams up with Spanish firm for turkey production

15-May-2012 - Russian processing giant Cherkizovo has announced the launch of a turkey meat production joint venture with Spanish agribusiness Grupo Fuertes.

EU lifting of Thai raw chicken ban to affect world trade

14-May-2012 - Brazil and Argentina will face increased competition on the international poultry market now that the EU has announced it would lift its bird flu-related ban on raw chicken from Thailand on 1 July 2012, a report has said.

Stable pork prices expected for second half of 2012

14-May-2012 - The global pork trade is returning to a more normal situation after months of increased disease-related imports from Asia, according to a Rabobank report.

Rusagro profits drop 53% in 2011

11-May-2012 - Russian agricultural giant Rusagro registered a 53% drop in net profits in 2011, to RUB2.42bn (US$81.2m).

US pork export value up 20%

11-May-2012 - US pork exports rose 8% in volume and 20% in value in the first quarter of 2012, reaching 598,058 tonnes (t) and US$1.66bn, according to the US Meat Export Federation (USMEF).

News in brief

BPI plant closures over ‘pink slime’ become permanent

09-May-2012 - US meat manufacturer Beef Products Inc (BPI) is closing down three of its plants permanently after a month of suspended production caused by the ‘pink slime’ scandal.

Tyson reports increased profits

08-May-2012 - US meat processor Tyson Foods has registered a 3.7% rise in sales in the second quarter of 2012, despite “extremely challenging market conditions” in the beef segment.

Russian ban on EU pigs affects Estonian prices

03-May-2012 - The Russian ban on European pig imports forced Estonian producers to cut prices by 20% in April.

Paraguayan exports to fall 18-34% in 2012

01-May-2012 - Meat exports from Paraguay are expected to fall between 18% and 34% in 2012, despite remaining the second most-exported product in the country, the Paraguayan statistics centre (CADEP) has announced.

Focus on Denmark

Strategy for growth

30-Apr-2012 - Co-operative the Tican Group has adopted several methods to improve production and ensure steady growth in the past 15 years, but the size and location of its abattoir are set to prove a challenge for the future.

News in brief

Cherkizovo reports 42% increase in poultry sales

26-Apr-2012 - Russian meat processor Cherkizovo has announced an increase of 42% in poultry sales volumes in Q1 2012, which the firm said reflects the launch of its new Bryansk site, and the May 2011 purchase of poultry company Mosselprom.

News in brief

EU processors deplore pork export refund scrapping

25-Apr-2012 - CLITRAVI, the liaison centre for the meat processing industry in the EU, has criticised the “sudden and drastic” elimination of export refunds for pig meat products implemented by the European Commission last week.

Chinese meat imports exceed exports in 2011

24-Apr-2012 - China’s meat imports exceeded its exports in 2011, according to figures collected by the country’s China Meat Association (CMA).

News in brief

Meat ingredients company posts strong half year results

23-Apr-2012 - Denmark-based ingredients firm Chr. Hansen has posted organic growth of 11% in the first half of the financial year 2011/12, with a revenue of €333m, up 9% year-on-year.

Brussels cuts EU beef and pork export refunds

23-Apr-2012 - The European Commission has announced it would reduce EU beef export refunds by 33% and slashed pork export refunds to zero.

Brazilian beef exports to reach US$6bn in 2012

20-Apr-2012 - Exports of Brazilian beef are expected to reach US$6bn in 2012, up 20% from 2011 with a 10% increase in volume, according to the Brazilian Association of Meat Exporters (Abiec).

US pork prices regain momentum

19-Apr-2012 - US pork export valued reached US$58.17 per hog slaughtered in February, up 14% year-on-year, leading to a 21% increase in export value (US$526.2m), according to data released by the US Department of Agriculture (USDA).

Cherkizovo to increase Russian market share

18-Apr-2012 - Cherkizovo Group, one of the largest Russian producers of meat and meat products in Russia, plans to increase its share in the national pork and poultry sectors from 5% and 10% to 20% and 30% respectively, research by investment company BCS has revealed.

Brazil still determined to go to WTO on South African anti-dumping levy

18-Apr-2012 - The Brazil Poultry Association (UBABEF) has reasserted its determination to ask for World Trade Organization (WTO) consultations on an anti-dumping levy recently imposed by South Africa.

News in brief

Ukrainian meat and poultry firm reports solid results

17-Apr-2012 - Ukrainian meat and poultry producer MHP has reported fairly stable performance in the first quarter of 2012.

Cargill returns stronger Q3 profits

12-Apr-2012 - US processor Cargill has bounced back after poor profits in the first six months of the year, reporting a strong performance in the third quarter.

Miratorg reports strong growth in the first quarter of 2012

10-Apr-2012 - Russian pork giant Miratorg has reported a 70% growth in production volumes for the first 3 months of 2012, reaching 57,909 tonnes (t) in live weight from 34,058t in Q1 2011.