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Financial

Money makes the world go round and the meat industry is no different. Deals are always being brokered and currency fluctuations are a key issue for any global meat trader.

Finland’s Atria tackling operating cost base

Finland’s Atria is pushing ahead with plans to reduce its cost base in the face of lower revenues that are mainly being generated due to lost meat trade with Russia,...

EU funding awarded for infectious diseases project

An EU project designed to speed up the detection and response times for human and animal disease outbreaks has been awarded more than €20 million.

Ukraine cuts direct support for livestock industry in 2015

There will be no program of livestock industry support in Ukraine this year, according to the ‘State Budget of Ukraine for 2015’, published on the website of the Verkhovna Rada...

News in brief

Atria to invest in pig cutting plant

Finnish company Atria is looking to boost its competitiveness through investment in its pig cutting plant in Nurmo.

News in brief

Meat sees only increase in FAO Food Price Index in 2014

Meat was the only commodity group which saw an increase in the FAO Food Price Index during 2014 - up 8.1% compared to 2013.

Rabobank report ponders new norm for beef prices

Tight cattle and beef supplies were a continuing factor during Q4 of 2014, despite prices softening slightly on the preceding quarter, according to a new report by Rabobank.

Cherkizovo may cancel major pig project in Russia

The current economic crisis in Russia may force the country’s largest meat operator - Cherkizovo - to cancel the implementation of major pork project in the Voronezh Oblast, according to...

Top 10 global trade stories of 2014

As 2014 draws to a close GlobalMeatNews looks back at some of the biggest international trade stories to make the headlines this year. From Russia’s ban on meat imports in...

ABP secures Japanese beef deal

Irish meat giant ABP Food Group has secured what it claims is the first beef deal with Japan for an Irish producer since 2000. 

Australian cattle deal spurs Chinese interest

A recent deal between China and Australia, which could see one million cattle from Australia headed to China each year, has plenty of takers on the Chinese side.

News in brief

McDonald’s looks to improve image with video insiders

It seems like too much of a coincidence that McDonald’s has been drip-feeding documentary-style videos of its production process in a bid to improve its image, just as global sales...

Economic crisis may force Russians to cut meat consumption

Russian meat producers believe the negative trends in the country’s economy, including a high level of inflation and a fall in the real incomes of the population, together with a...

Ukraine loses US$4m, due to Russian meat trade restrictions

Ukraine has lost some US$4 million (€3.2m) in revenues following Russian cattle and pork meat import restrictions imposed in 2013 and 2014, according to data provided by the European Commission (EC).

Canada looks to improve ROI for Nova Scotia beef producers

More than CA$89,000 is being invested in a project by the Nova Scotia Cattle Producers to boost animal welfare practices, improve farm safety and increase return on investment (ROI).

Dawn Meats signs deal with French cooperative

Irish red meat supplier Dawn Meats and French farming cooperative Terrena have announced a deal in which the former will acquire almost half of Terrena’s beef processing division Elivia.

Israel set to send supplies of meat to Russia by the year-end

Russia is negotiating with Israel on the launch of meat supplies, with the first deliveries likely to take place before the end of 2014, Russian officials have claimed. 

Russia claims to have covered its meat deficit

Russia claims to have completely covered the deficit in meat – in particular pork – that appeared in the domestic market after the ban on certain food imports in August...

JBS buy sees it expand Australian presence

Processing giant JBS SA has acquired Australian ham and bacon company Primo Smallgoods Group for US$1.25 billion, through its subsidiary JBS Australia.

Welsh meat body recognises Monoprix managers

Retail staff in French stores have been rewarded for their efforts in promoting Welsh Lamb.

Saskatchewan to benefit from funding boost for pork development

Canadian federal and provincial governments announced a CA$150,000 funding package for the Saskatchewan Pork Development Board (SaskPork) this week.

Danish Crown reports satisfactory results despite Russian ban

Danish Crown has seen revenue slip slightly on last year’s figures in its latest financial statement, from DKK 58,164m (€7,824m) in 2012/13 to DKK 58,029m for the current financial year.

New tax initiatives set to hit Ukrainian meat industry

Ukraine’s government intends to increase the tax burden on meat producers, which could result in a strong negative impact on the development of the meat industry in the country in...

Red meat producers set to benefit from China-Australia trade deal

The Cattle Council of Australia (CCA) has said that "significant flow-through opportunities" exist for Australian beef producers following the signing of a China-Australia Free Trade Agreement (ChAFTA) today (17 November)....

Danish ministry to assemble support package for meat industry

Denmark’s ministry of food, agriculture and fisheries has commenced talks with the country’s farming and meat industry organisations to forge a new state emergency support package for the sector....

Welsh meat wins €4.1m funding boost

Welsh meat bosses are hoping to increase the profile for the country’s lamb and beef across Europe with the launch of a multi-million-euro project.