Financial

India subsidises broiler rearing

22-May-2013 - The government of Uttar Pradesh state in India has introduced an ambitious scheme to incentivise the rearing of millions of broiler chickens.

UK pork producer in good growth despite challenges

21-May-2013 - UK-based pork producer Cranswick is showing good growth in a challenging grocery market, with profits before tax (PBT) of £49.3m, according to assets management company Investec.

Russia forecast to double meat export value

15-May-2013 - Russia will double the value of its of meat exports by 2017, according to a new report from analytical agency Restko.

News in brief

Government support for China’s poultry industry

15-May-2013 - China’s government has announced a financial support plan to help prop up the poultry industry in the wake of the H7N9 bird flu crisis.

Australia red meat exports to MENA soar

13-May-2013 - Australia recorded record red meat exports to the Middle East and North Africa (MENA) last month, according to the latest figures from Meat and Livestock Australia (MLA).

News in brief

Zambeef sells stake in chicken company

10-May-2013 - Zambeef has sold a 49% stake in Zam Chick to one of South Africa’s leading poultry processors Rainbow Chicken, it was announced this week.

Feature

Casings: China growth drives global market

09-May-2013 - In February this year, Viscofan, one of the world’s biggest casings manufacturers, opened a new factory in China. Costing €27.8m, the new collagen extrusion plant in Suzhou, 80km from Shanghai, is Viscofan’s first outside Europe. Here, cattle and pig hides are processed into artificial collagen casings and sold to sausage manufacturers across China and the rest of Asia.

News in brief

Provisur acquires MultiTec

09-May-2013 - Provisur has acquired the assets of German technology company MultiTec GmbH & Co. KG, expanding its global technology, sales, service and manufacturing base.

Feed costs hit Tyson’s income

09-May-2013 - US meat processor Tyson Foods has reported a net income of $95 million for the second quarter, a drop from of $71m compared to the same period last year. The company blamed increasing feed costs and an impairment charge incurred in China for the decrease.

Profits plummet at Maple Leaf

03-May-2013 - Currency fluctuations and the US drought are being blamed for a dramatic drop in earnings at Canadian meat processor Maple Leaf Foods.

Moy Park profits bounce back

03-May-2013 - European poultry processor Moy Park has reported a significant recovery in earnings for 2012 despite tough market conditions.

Finnish meat processor reports strong sales growth

29-Apr-2013 - Meat processing company Atria Group has recorded strong growth of €19.8m in its net sales for the first quarter of 2013.

News in brief

EC gives meat producers a marketing boost

29-Apr-2013 - The European Commission has announced a series of three-year spending programmes to help meat producers from around the European Union (EU) sell their products at home and abroad.

Australian beef exports to Russia slow down

25-Apr-2013 - Australian beef exports to Russia have slowed despite a strengthening Russian economy, according to new data from Meat and Livestock Australia (MLA).

News in brief

US export body stresses importance of Japan

24-Apr-2013 - The US Meat Export Federation (USMEF) stressed the importance of the US-Japanese economic relationship at a media briefing in Tokyo on Friday (19 April).

UFU highlights CAP issues to be resolved

24-Apr-2013 - The Ulster Farmers’ Union (UFU) has said there are still a number of “crucial” issues to be addressed in order to ensure a workable CAP for Northern Ireland.

India plans disaster rescue unit for livestock

22-Apr-2013 - The Indian government is to create a national Veterinary Emergency Response Unit, charged with protecting the country’s huge livestock population during natural disasters, such as floods, fires, droughts and earthquakes, a New Delhi conference has heard.

US cattle industry welcomes new livestock proposal

22-Apr-2013 - US cattle producers have welcomed a proposal to extend financial support for livestock farmers hit by extreme weather conditions.

Russian land-use report to justify meat subsidies

09-Apr-2013 - Three-quarters of Russia’s territory is unsuitable for any type of agriculture, including meat production, according to a new report from the country’s Ministry of Agriculture.

News in brief

Pork drives sales forward at Cranswick

05-Apr-2013 - UK meat processor Cranswick has reported a strong performance in the year to 31 March 2013, with pork volume growth helping drive an impressive sales increase.

Scotland’s meat bodies call for more export support

28-Mar-2013 - Scottish meat leaders are calling on the UK authorities to increase financial support in aid of export opportunities.

Warnings over CAP cuts

15-Mar-2013 - The European Parliament (EP) has backed budget cuts to the Common Agriculture Policy (CAP) agreed last month by European Union (EU) heads of government and the move is expected to have a negative impact on EU livestock farmers.

Smithfield ranked on Fortune list

15-Mar-2013 - US meat production company Smithfield Foods has been ranked second among food production companies on Fortune magazine’s annual list of the World’s Most Admired Companies.

Mexican pork firm given boost

08-Mar-2013 - Mexican pork processor Norson Holding has welcomed an investment of US$40m from the International Finance Corporation (IFC) of the World Bank, which will help it expand production, while reducing its environmental footprint.

Industry welcomes conclusion of Vion UK sale

07-Mar-2013 - The acquisition of Vion’s remaining UK operations has ended several months of speculation and has been broadly welcomed by most in the UK sector.